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Rumor: SCi/Eidos being sought after by EA and Ubisoft


Much like Midway, 2008 has not been the best financial year for UK publisher SCi, the parent company of Eidos. The company began the year by rejecting a takeover bid from an unnamed third party that caused a massive drop in its stocks. That price loss caused the management team to resign. Since then the new management team has cut 200 team members from its company, canceled a number of games and shut down its internal game developer Pivotal Studios.

Today the UK site the Daily Mail is reporting that both Electronic Arts and Ubisoft are making "early- stage" offers to SCi to purchase the publisher. Currently SCi/Eidos's total financial worth is only 50 million pounds. The story, which uses unnamed sources, claims that EA and Ubisoft are thinking about buying Eidos while it is cheap because of its high profile game franchises like Tomb Raider and Hitman.

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