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Square Enix Reveals‭ ‬Eidos‭ Takeover ‬Bid

February 12th, 2009
Square Enix Reveals‭ ‬Eidos‭ Takeover ‬Bid
Square Enix has announced it had launched a‭ ‬£84.3‭ ‬million acquisition bid for‭ ‬UK publisher Eidos.‭

The bid was made one month ago on Jan‭ ‬14,‭ ‬with the offer to purchase the struggling‭ ‬UK publisher at‭ ‬32p a share,‭ ‬an attractive premium over three times more than Eidos'‭ ‬share price‭ ‬when the bid was made.

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