FIRM EYES UP EIDOS
Copyright 2005 www.tombraiderchronicles.com
[ March 18th 2005 ]
analyst Market Watch notes that a report in the
Times of London has indicated $2.5 billion California
venture capital firm Francisco Partners is considering
making a bid for Britain's biggest computer game-maker
and creator of the Lara Croft Tomb Raider titles,
Eidos plc. Numerous suitors have been tapped as
likely acquirers of the British publishing house,
including UBI SOFT, EA and more recently Rupert
Murdock's News Corp empire. Eidos has a further
ten days to secure a buy-out offer before a golden
parachute tendered by Royal Bank of Scotland expires.
confirmed during the release of the Company's
interim results to December 2004 that "a proposal
had been received on 2 March 2005 of a possible
cash offer at a price of 53 pence per share, subject
to one principal condition. However there can
be no assurance that this condition will be satisfied
and no certainty that an offer will be made nor
as to the terms on which any offer might be made.
This disclosure had not been made with the consent
of the other party."