Square Enix Acquires Eidos

[Gingerbread Lesbian]

Tomb Raider publisher easily secures majority of stock-owner approval for Japanese company's takeover bid.

Square Enix has cleared one of the final remaining hurdles in its buyout attempt of beleaguered UK-based publisher Eidos. The Tomb Raider maker announced today that its shareholders have voted in favor of the takeover. Although not a unanimous decision, shareholder yea-sayers achieved a comfortable majority, with 85.03 percent of voters approving the deal.

Square Enix's offer of £84.3 million ($120 million) was unanimously recommended to Eidos shareholders by the company's board of directors when the deal was first announced in mid-February. Broken down by share price, the offer amounts to 32 pence ($0.46) per share, which is more than triple the value of what Eidos' stock had been trading at before Square Enix's move.
With shareholder approval now secured, the next step in the process will occur on April 21, when all listing and dealing of Eidos shares will be suspended. The following day, Eidos will officially become a wholly owned subsidiary of Square Enix.

Source: GameSpot

 

[Bambi]

They are going to take over the world....

They like to have their fingers in all the pies, slowly fucking much loved games up as they go >_>

 

[Gingerbread Lesbian]

Rofl. Well as long as I'm not playing Tomb Raider then suddenly Cloud pops out of nowhere I'll be fine.

Plus they admitted they were behind in the whole multiplatform/Western market so they're just buying all the companies which are slowly failing. None of the good companies want SE though

 

[Guernsey]

Androgynous males, Big huge swords and FF7 cameos here we come!

 

[Six]

Rofl. Well as long as I'm not playing Tomb Raider then suddenly Cloud pops out of nowhere I'll be fine.

ROFL, so fucking funny. xD Props Mercurial.

And... Awesome xD I like the games SE designs. YAY for them,

 

[Ashe B'nargin]

So does that mean that the Tomb Series is now over ?

Or is SE going to keep on making the Tomb Raider games ?

Loading up a Tomb Raider game and seeing the -SquareEnix name at the beginning is going to be really...weird..

 

[Caladbolg]

I guess we see soon how the games will look ; p I guess SE is the best games company ever ; d Yay, Square-enix will rock this world!

 

[Guernsey]

So does that mean that the Tomb Series is now over ?

Or is SE going to keep on making the Tomb Raider games ?

Loading up a Tomb Raider game and seeing the -SquareEnix name at the beginning is going to be really...weird..

Especially whenit is an American game developer, I just don't know if I can get used to this. What other games had been made by Eidos?

 

[Marshy]

This is getting interesting as Square Enix buys out all these companies. I wonder what there plan will be. I'm sure with all these major game titles there getting they should be making a well enough profit off of all this.

As to what other games Eidos makes, they've made Monster Lab, Conflict: Denied Ops (Very fun game), and Age of Conan. Those are some of there major games to go along with Tomb Raider.