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gamasutra.com - 4/21/2009

News - Court Approves Eidos Takeover by Square Enix

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A court has approved Square Enix's takeover of U.K.-headquartered Tomb Raider house Eidos, according to an announcement today by Eidos' board of directors. Square Enix hopes that the acquisition of a major Western game publisher will give the Tokyo, Japan-based firm a greater foothold in Europe ...

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Court Finalizes Square Enix’s Takeover of Eidos
www.GamesAreEvil.com — Ever since the end of 2008, rumors have been circulating about Eidos being ripe for the financial picking.  With very few games actually turning a profit in 2008, it only seemed like a matter of time before one of the bigger fish in the sea swooped in for the kill.  That big fish was none other than Square Enix. In February, Square made a formal offer of takeover to Eidos shareholders.  Seeing the chance to make a quick buck off of the plummeting Eidos stock, over eighty-five percent voted in favor of giving up on the troubled publisher.  It probably helped that Square Enix was offering 119 million dollars worth of incentives, but who ...

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