SCi Gets Eidos Share Boost News
Jon Wilcox
31/03/2005
Prospective take-over bid continues to build up steam as new support gathers...
In its continued bid to take-over beleaguered publisher Eidos, SCi Games has announced that it has won the backing of Merrill Lynch Investment Managers, which means that the prospective take-over has the support of shareholders that represent a little 26% of Eidosā share capital.
The UKās largest publisher has sought an all-share buyout of the ailing firm, which has several big name franchises including Tomb Raider, Deus Ex, and Hitman, and seems to be steadily working towards that goal having seemingly fought off a rival bid by newly formed Elevation Partners LP.
Rest assured that weāll be continually updating the progress of the take-over over the next few weeks as it progresses...