WARNER MUSIC
TARGETS SCI GROUP PLC
Copyright 2006 www.tombraiderchronicles.com
[ November 7th 2006 ]
Warner
Music has been linked to a potential 625p-per-share
bid for SCi Entertainment Group, owners of Eidos
plc and a string of franchise titles including
Hitman,
Tomb Raider
and Championship Manager. According to The Independent,
traders report than an offer for the British publisher
is imminent.
Based
in Wimbledon, SCi Entertainment Group Plc consists
of publishing operations across Europe and the
US and several development studios including Crystal
Dynamics, IO Interactive and Pivotal Games
as well as a valuable stake in other studios.
The Group
recently announced its core earnings had reached
28.8 million pounds ($54.58 million) in the year
to June 30, on revenue of 179.1 million and a
pre-tax profit of 8.1 million. The results to
30 June 2006 were the first full year results
following SCi's acquisition of Eidos PLC in May
2005.
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