Time Warner Ups Stake In Sci Entertainment To 16%

Time Warner Ups Stake In Sci Entertainment To 16%The Time Warner Entertainment has made announcement that the company has increased its stake in UK-based video games maker Sci Entertainment.

According to the sources, with the recent acquisition of 5 million shares, Time Warner has increased its stake to 42 million shares, or 16.1%, from its previous 14 %.

Time Warner, however, Warner’s increase in ownership is a clear indication of their confidence in Sci Entertainment.

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