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SCi ENTERTAINMENT
SURGES ON MARKETS
Copyright 2005 www.tombraiderchronicles.com
[ August 1st 2005 ]
SCi Entertainment
Group has surged up 14p to 395.5p during morning
trading amid reports the company is on track to
reduce costs after acquiring British rival Eidos
in an all share offer valued at 72.8 pence per
Eidos share based on the closing price of SCi
shares on 6 April 2005.
SCi recently
appointed Scott Dodkins as head of Eidos European
operations and put Bill Gardner in charge of Eidos'
North American operations. Jane Cavanagh, CEO
of SCi Entertainment Group, replaced former Eidos
brass Mike McGarvey and John van Kuffeler as Director
of Eidos. All future titles from the combined
entity will be released under the Eidos brand.
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