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Shares in SCi have dropped by 17 per cent this morning , after the Eidos parent announced it had raised 60m and sold more stock to Warner Bros – effectively ending any chance of a takeover. The firm also announced that it has agreed a new distribution agreement with Warner …
Read More »SCi rejects mystery buyout bid
Eidos parent SCi Entertainment has turned down an acquisitive bid from an unknown would-be suitor. In a statement on SCi’s website, the company said: The pursuit of an uncertain takeover proposal with consequent delay and risks to the Company’s proposed issuance of new equity to fund the execution of its …
Read More »Report: SCi to cost NBC $100m
Sci Entertainment will cost a potential suitor $100m – and NBC Universal is close to securing a deal for just that sort of money. That’s according to a Financial Times report, which said NBC – which itself its part-owned by Vivendi – is ‘close to finalising’ the deal. The newspaper …
Read More »Shocking Eidos ad banned
The Advertising Standards Authority has outlawed an Eidos advertising campaign for Kane & Lynch. The body has ordered Eidos not to print or broadcast the ads again, after upholding 26 complaints and calling the promotion ‘graphic’ and ‘shocking’. One press ad shows a gagged woman, crying and having her head …
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