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About Rainier

PC gamer, WorthPlaying EIC, globe-trotting couch potato, patriot, '80s headbanger, movie watcher, music lover, foodie and man in black -- squirrel!

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Eidos And Square Enix Set Terms for Buyout

by Rainier on March 4, 2009 @ 10:17 a.m. PST

Last month, we reported that Square Enix was making a move to acquire Eidos, with the backing of Eidos' board. Both companies have agreed to the buyout terms, pending approval of the shareholders, which will be put to a vote at a meeting in late March. If all goes well, and the court approves the dates, Eidos shares will be suspended on Apr. 21, with the settlement to be reached on May 6.
Last month, we reported that Square Enix was making a move to acquire Eidos, with the backing of Eidos' board. Both companies have agreed to the buyout terms, pending approval of the shareholders, which will be put to a vote at a meeting in late March. If all goes well, and the court approves the dates, Eidos shares will be suspended on Apr. 21, with the settlement to be reached on May 6.
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