Apparently Square Enix has reached an agreement with Eidos’ board of directors to purchase the company for £84 Million (USD $120 Million). That’s 129% higher than Eidos’ current stock price represents, meaning Square must see something in the company that shareholders don’t.
Having said that, I’m sure the Eidos shareholders aren’t too bent out of shape about the news. And that’s good, since they’ll have to approve the transaction at the next meeting. Can we be the first to say: Tomb Raider RPG? (heh)
There’s just one problem: the company name is starting to get really freakin’ long. Considering that, it’s unlikely that we’ll see Eidos tagged to the end of the current moniker, fortunately for us journalists.
[Thanks Kotaku]