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Square-Enix Makes Official Grab at Eidos's Stocks

Agent 47 to be the Dream of a Ghost in 2010?

by Coop

As reported back in late December, Square-Enix has been eying up Eidos for some time now, and Eidos is interesting in selling. While Tomb Raider was able to push a good number of units, apparently it wasn't enough to keep the ship afloat, and Lady Croft has recently begun playing a violin on deck.

Though EA and Ubisoft were the rumored buyers, it looks like Squeenix is making the first move, and has offered the sum of $120 million for Eidos's stocks, which is well over the stock's current value. This can best be compared to EA's attempts at taking over Take-Two, where they offered them twelve dollars and a coupon for a free pizza at Chuck-E-Cheese's. Square is being much, much more forgiving, and the odds that stockholders will turn down a buyout at 129% price is fairly low.

For the deal to go through the stockholders need to agree on the proposition at their meeting next month. I'm still hoping for Agent 47's inclusion in the Kingdom Hearts series, so we'll see if that ends up going through. Be sure to check back for more information as it arrives, and continue thinking of funny Square/Eidos jokes. There are a ton of them, really, it's not very hard.

UPDATE: In wake of this news, Eidos stock is up about nine-trillion-fillion.

[Source]

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Comments
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  • Voyou San
    Voyou San

    i can just imagine the next FF game being a cross of RPG and Tomb Raider!

  • QMarc80
    QMarc80

    I can see the same!

    ...just not sure of how that would be a good thing..., ..

  • Ubrasaur
    Ubrasaur

    Ohh Eidos... They would be saved if they only made Daikatana 2. My favorites from them were the Thief games. Though they also published FF7 and 8 for the PC.

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