Tag Archives: sci

SCi raises £60m as Warner doubles share count

The future is looking brighter for SCi Entertainment this morning, after the firm raised an extra 60 million – with property tycoon Robert Tchenguiz and media giant Warner Bros buying up sizeable chunks of a new share placing. SCi CEO Phil Rogers told Reuters that Warner Bros is set to …

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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 …

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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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SHAREWATCH: SCi stock cools down

SCi’s share price has plunged by over seven per cent at the last count today – suggesting that the furious speculation over buyout talks may have calmed down. The stock price reached a high of 60.5p-per-share on Friday, but that dipped slightly yesterday. However, it is today’s unforeseen drop that …

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Did SCi bid come from US?

The Independent newspaper has referenced a ‘market source’ who suggests that the speculative bid for SCi/Eidos that saw the publisher’s stock leap by over 10 per cent last week came from a ‘larger American peer’. That would point to Warner Bros., who were mentioned in the original Guardian finance story …

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Eidos has become ruthless, says CEO

CEO of Eidos parent SCi Phil Rogers has given his first press interview since the company’s recent restructuring to MCV – and talked of a more ruthless”, upbeat attitude at the troubled publisher. Rogers spoke to MCV before speculation surrounding takeover talks pushed the company’s share price up by over …

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Warner and Ubi back in for SCi?

SCi’s share price has jumped by over 20 per cent off the back of heavy speculation that it has reopened takeover talks with potential suitors. The rise of 10.5p per share – to 60.5p – has set the tongues of investment market experts wagging, with Ubisoft, Time Warner and Infogrames …

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Shares in SCi plummet 20 per cent

SCi’s share price has tumbled 20 per cent following the company’s announcement of its restructuring plans this morning. According to Dow Jones, shares were down 20 per cent, or 11 pence, at 42 pence 0847 GMT – after dropping more than 35 per cent in earlier trading. The publisher said …

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