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infogrames wants lara
SCi Spurns Infogrames Buyout Bid
French Atari parent Infogrames wants to purchase Eidos parent SCi, and has already extended it a "financially disciplined" offer, Infogrames revealed today via a regulatory announcement.
However, says Infogrames: "The SCi Board has declined, at this stage, to entertain Infogrames' offer."
Infogrames is still raring to go on the bid, though, saying that it has "sufficient resources" to satisfy the offer, and adding it has also "secured commitments" that will help fund SCi's potential working capital requirements. "Importantly," the statement adds, "Infogrames is in a position to move expeditiously with its proposal."
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