Potential takeover bid could cost suitor £300m, says report
After this morning’s confirmation that the UK publisher is in preliminary talks with a third party in relation to a possible offer for the company, Thisismoney.co.uk has claimed that EA, Warner and Ubisoft are in the running for the company.
Shares have already jumped from 37.5p to 375.5p in the aftermath of the city announcement this morning.
While no actual bid has been tabled yet, it is certain that any potential deal would be hugely lucrative for CEO Jane Cavanagh and proprty tycoon Robert Tchenguiz, who each have significant stakes in the company.
Advertisement
Comments
Leave a Comment
HOT TOPICS
Religious leaders slam Modern Warfare 2 130
Microsoft hails its ‘killer weapon’ in battle with PS3 and Wii 52
Russia pulls Modern Warfare 2 from sale? 16
The Hut rebuffs AC2 date break claims 14
The Producers pulls out of Trilogy partnership 13
MW2 sales pass $550m worldwide 13
60% of UK 360s have failed 12
Xbox Live class action begins 10
Facebook hitting PS3 today 8
Call of Duty inspires new retailers 6
RELATED STORIES
Eidos big hitters coming to PS3 1
Eidos buys UK studio Morpheme 1
Revenues up, losses down at Eidos 1
SCi swoops for Bluefish Media 1
SCi confirms buy out talks 6
SCi has received three bids, says report 1
Kane & Lynch to arrive in November 1
Ubisoft 'not interested' in SCi buyout 1
SCi still ‘in discussions’ over buy-out 2
SCi goes it alone as takeover talks end 2
ABOUT US
MCV is the leading trade news and community site for all professionals working within the UK and international video games market. It reaches everyone from store manager to CEO, covering the entire industry. MCV is published by Intent Media, which specialises in entertainment, leisure and technology markets