PS3 News: Warner Snags More Eidos Shares, In Driver's Seat For Acquisition - PS3 News

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

Warner Snags More Eidos Shares, In Driver's Seat For Acquisition

The bidding war for Eidos continues, and as analysts previously anticipated, the edge continues to go to Warner Bros.

As some of you probably already know, Eidos is on the auction block, with Warner, Square-Enix and even EA in the running for gaining control of the struggling publisher. Warner continues to be in the driver's seat for the final acquisition, though, as they go into the situation already owning 40 million shares of Eidos. Now, according to GameSpot and MCV, they've just bought 10 million more shares, which means Warner now owns over 19% of the game publisher. Warner is starting to become an avid collector of video game companies; they picked up Traveller's Tales last year (they make the LEGO-based titles), and they continue to work "with European developers to produce game adaptations based on its movie franchises." So perhaps it's only a matter of time before Warner puts Eidos under its far-reaching umbrella, although you can't count out the competition just yet. EA has the capability of making things interesting, and nobody really knows what Square-Enix is doing behind the scenes. They may be the first to bow out of this particular auction, though.

We'll keep you updated on the fate of Eidos, which has been mired in plenty of controversy and company strife over the past couple of years. Publisher of the Tomb Raider titles, just about everyone knows this publisher, so it'll be interesting to see what happens.

12/15/2008 John Shepard

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

Comments (5 posts)

jerocarson
Monday, December 15, 2008 @ 10:13:37 PM
Reply

oh,, syphon filters series.
m gona miss that game, if there could be syphon filter 2 remake, it will be my no1 choice anyday.
i'd prefer EA taking the shot, not wraner and never square.

Agree with this comment 0 up, 0 down Disagree with this comment

supremekai
Tuesday, December 16, 2008 @ 1:05:47 AM

syphon filter?

Agree with this comment 0 up, 0 down Disagree with this comment

WorldEndsWithMe
Monday, December 15, 2008 @ 10:47:12 PM
Reply

That's it, Square Enix has officially become the crazy Uncle who's always hanging around, and nobody likes.

Hmm, is WB angling to make a third Tomb Raider movie?

Last edited by WorldEndsWithMe on 12/15/2008 10:48:56 PM

Agree with this comment 0 up, 0 down Disagree with this comment

Scarecrow
Tuesday, December 16, 2008 @ 12:59:20 AM
Reply

Am I the only one who hates these big and old big American companies?

Warner Bros will kill EIDOS.......
You can throw creativity out the window.

Well what little was left with EIDOS anyway lol

Agree with this comment 0 up, 0 down Disagree with this comment

ps92117
Tuesday, December 16, 2008 @ 2:50:30 AM
Reply

i am glad wb is winning enix has been anoying me for quite sometime now plus it would mean better games form wb they have more money then enix and a lot more ties to sony as well

Agree with this comment 0 up, 0 down Disagree with this comment

Leave a Comment

Please login or register to leave a comment.

Our Poll

Will the PS4 continue to outsell the Xbox One?
Definitely. Microsoft has no hope.
Probably, but it will be a tight race.
I doubt it; Xbox One will come back.
No, PS4 will falter over the years.

Previous Poll Results