More Articles on Tomb Raider: Underworld
SCi/Eidos Shares Plummet News
Jon Wilcox
11/01/2008

Over 55% drop in share price follows yesterday's announcement that a takeover deal is no longer on the table...
SCi Entertainment, the parent company of Eidos, has today suffered a major drop in share price following last night's news that the board had decided not to continue searching for a potential takeover deal.
Shares in the company plummeted when the London Stock Exchange opened for business this morning by 134.5p a share to 57.5p a share at 8:30am GMT, a drop of around 57%. Since then, the share price has only slightly recovered and is currently standing at around 65.5p - just 12.5% of the market value just 12 months ago, when shares stood at around 524p each.
The publisher also confirmed that it had pushed back the expected release date of Tomb Raider: Underworld to Christmas 2008, which has left the board forecasting an operating loss at the end of the current fiscal year.






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