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SCi value affected by EA's Take-Two bid?

SCi, whose stock value dropped dramatically in January, has seen a slight resurgence following news that EA has offered to purchase Take-Two

News by Mark Androvich Contributor
Published on

SCi, whose stock value dropped dramatically in January, has seen a slight resurgence following news that EA has offered to purchase Take-Two.

The latest proposed acquisition has apparently revived speculation that SCi could be a target for consolidation.

SCi shares plummeted back in January after the company announced that it had pulled out of potential takeover talks.

Shortly thereafter, SCi's management quit the company.

At the time of writing, the stock had risen 31.69 per cent to 60.25 per share.