The Haus

Tuesday, July 4, 2000

Infogrames and Eidos After All? -- 11:14 am CST, Update by A.T. Hun

Well-Rounded Entertainment quotes the Wall Street Journal that the Paris stock market is assuming that a hostile takeover is imminent. Shares of Eidos are up 12% and Infogrames has dropped almost 6%. Officially, Infogrames has denied that it is interested. Remember, stock markets have jumped at far less reputable rumors than this. Thus the market freaking out is not necessarily a sign that anything is going to happen.

News for 07/04/2000

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