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Court Approves Square Enix Acquisition of Eidos

by Rainier on April 21, 2009 @ 7:31 p.m. PDT

On Feb. 12, 2009, the boards of Eidos and Square Enix reached an agreement on acquisition terms, and on March 27, 2009, 85% of Eidos shareholders gave their approval. Earlier today, a UK Court sanctioned the acquisition, followed by suspension of the Eidos shares on the London Stock Exchange. By tomorrow, Eidos will officially be part of Square Enix.
On Feb. 12, 2009, the boards of Eidos and Square Enix reached an agreement on acquisition terms, and on March 27, 2009, 85% of Eidos shareholders gave their approval. Earlier today, a UK Court sanctioned the acquisition, followed by suspension of the Eidos shares on the London Stock Exchange. By tomorrow, Eidos will officially be part of Square Enix.
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