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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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