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Technology Stocks : eidos--maker of Tomb Raider -- Ignore unavailable to you. Want to Upgrade?


To: Bleeker who wrote (1168)8/3/1998 12:41:00 PM
From: Harry  Read Replies (1) | Respond to of 1773
 
Regarding Psygnosis...

From fgnonline.com


Psygnosis Prepares 'Merger' Statement

Industry: Psygnosis is preparing to issue a
statement, following renewed reports of a merger
with Eidos, possibly involving Sony taking a stake in
the latter (see FGNOnline Friday edition). Since
news of the Psygnosis sale leaked earlier this year,
Eidos has repeatedly been linked with the firm. But
the notion of what could amount to a merger is new.
Insiders at Psygnosis say they are tired of the
speculation surrounding the sale, arguing that it is
unhelpful. Employees at the company are hoping for
a quick resolution, and an end to diverting gossip.
The statement will likely point out that no decision
has been made and that, ultimately, the decision will
rest with Sony. However, although Psygnosis is the
target for many acquisitive companies in the game
industry, we understand Eidos has gone furthest
down the road toward a deal.


Harry