Bidding war for Lara Croft

No_Style · Mar 22, 2005, 10:50 PM

A bid battle for British video game maker Eidos erupted on Tuesday after SCI Entertainment trumped an earlier agreed takeover of Eidos with a 76 million pound ($144 million) counteroffer.

Eidos shares surged some 25 percent on the bid, which topped one by U.S. private equity company Elevation Partners. Elevation counts U2 rock star Bono among its partners.

Video game publisher SCI is offering one of its shares for every six shares in Eidos, which is best-known for its "Tomb Raider" games featuring Lara Croft.
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Read More/Source: C|Net Tech News

Mar 22, 2005, 10:50 PM	#1
No_Style Styleless Wonder Join Date: Jun 2002 Location: Ottawa, Ontario Posts: 6,034 Rep Power: 0	Bidding war for Lara Croft A bid battle for British video game maker Eidos erupted on Tuesday after SCI Entertainment trumped an earlier agreed takeover of Eidos with a 76 million pound ($144 million) counteroffer. Eidos shares surged some 25 percent on the bid, which topped one by U.S. private equity company Elevation Partners. Elevation counts U2 rock star Bono among its partners. Video game publisher SCI is offering one of its shares for every six shares in Eidos, which is best-known for its "Tomb Raider" games featuring Lara Croft. _______________ Read More/Source: C\|Net Tech News __________________ "The Best Style Is No Style" Specifications Here