PS2 News: Shareholders Accept Square-Enix's Bid For Eidos - PS2 News

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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 GamesIndustry.biz, 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

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