Eidos confirms take-over approach

Tags: Time Warner Inc., Eidos Interactive Ltd., Video Game, Video, Corporate Communications, Games, Marketing, Personal Technology, Eidos, Ubisoft, Marie Laigneau

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2009-01-19 14:19:47.0

Video games publisher Eidos is confirming that it has received a take-over approach from an unnamed company, prompting its shares to climb 42% on the same day. The company is reportedly in discussions about a possible deal after disappointing Christmas sales.

In September, the company received takeover offers from video games publisher Ubisoft, Time Warner and an unnamed Chinese company. Time Warner has since increased its stake in the company from 42.5m to 52.5m shares.

StrategyEye's related categories: Major Game Developers, Games Publishers

StrategyEye's related companies: Ubisoft, Time Warner, Eidos

 

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