Video Game Law Blog

March 29, 2005

Purchasers are swarming as EIDOS Interactive is on the block. Although the board of directors of EIDOS has approved a cash bid of $144 million for the company, just 25% of EIDOS's shareholders could block that sale, leaving open the possibility of EIDOS merging with another company. Presently, SCi Entertainment Group is seeking to join forces with EIDOS in a share transaction. The odd part? A game company is on sale and Electronic Arts hasn't already bought it.

Full coverage at http://www.shorl.com/gogrogrofudrino