PS1 News: Shareholders Accept Square-Enix's Bid For Eidos - PS1 News

Members Login: Register | Why sign up? | Forgot Password?

Shareholders Accept Square-Enix's Bid For Eidos

We only recently learned that Square-Enix had become the front-runner in the race to purchase Eidos, and now, the sale has been officially approved.

According to, the Tomb Raider publisher will come under foreign ownership next month; Eidos shareholders "voted with an overwhelming majority to accept the bid by Square-Enix." The offer is 32 pence per share, and the Final Fantasy publisher has taken another step in their push to appeal to a Western gaming audience. The additional details from GI are:

"At a court meeting over 85 per cent of the shares held in the company were represented in votes cast to accept the bid, and at the subsequent EGM the motion required to implement the acquisition was also approved."

So, it won't be long before Square-Enix has full ownership of the Tomb Raider, Hitman and Championship Manager franchises, and you can expect there may be a few changes in store. But who knows how Square-Eidos will function or what they might produce? All we really want to see is how this new acquisition will affect Square-Enix, and what sort of games we can expect to see. At the very least, it'll be intriguing.

3/27/2009 Ben Dutka

Put this on your webpage or blog:
Email this to a friend
Follow PSX Extreme on Twitter

Share on Twitter Share on Facebook Share on Google Share on MySpace Share on Delicious Share on Digg Share on Google Buzz Share via E-Mail Share via Tumblr Share via Posterous

New Comment System

Legacy Comment System (0 posts)

There are no comments to display.

Leave a Comment

Please login or register to leave a comment.

Our Poll

How often do you visit the site?
Once a day
Several times a day
Every few days
Once a week
This is my first visit
I've never been here, even now I am not here

Previous Poll Results