Square Enix Places $120 Million Bid for Eidos
by Mike Bendel on February 12, 2009 @ 11:06 am

A Tomb Raider and Final Fantasy crossover? This is a thought we would have laughed at years ago, but it could very well become a reality, as Square Enix has placed a takeover bid valued at $120 million dollars in an effort to expand their Western presence.
The bid represents a premium of approximately 258 percent, compared to the closing mid-market price of Eidos shares on January 14. The company’s Board of Directors are going ahead with the deal and have proposed it to shareholders. A final decision is expected to be made next month.
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Read more: Square Enix Closing In On Eidos Takeover, Deal Expected To Be Finalized In May, Square Enix Announces “Friendly” Tecmo Takeover Bid, Square Enix Withdraws Tecmo Proposal, Square Enix, Warner In Bid War Over Eidos, Eidos Retains Brand Independence In Square Enix Deal






