Troubled Britsoft firm Eidos, publisher of Tomb Raider and Hitman, has confirmed that it is in the early stages of buyout talks.
A statement from the company tells us, "The Board can announce that it has received a preliminary approach which may or may not lead to an offer being made for the Company. Eidos emphasises that discussions are at a very early stage and that there can be no assurance that an offer will be forthcoming."
News of the talks has apparently been well-received, with Eidos shares taking a leap from £8.95 to £12.00 over the course of yesterday.
No company has been named as the interested party, but Warner Bros. looks like the favourite. The US media giant increased its stake in Eidos a month ago, giving it just shy of 20% of shareholder votes.
Another possible suitor is Japanese publisher Square Enix. The company has reportedly shown an interest in Eidos in recent months and has been looking to expand its reach beyond Japan.
Eidos's recent track record took another hit recently when Tomb Raider Underworld underperformed, prompting the company to reduce its financial guidance for 2009.
A statement from the company tells us, "The Board can announce that it has received a preliminary approach which may or may not lead to an offer being made for the Company. Eidos emphasises that discussions are at a very early stage and that there can be no assurance that an offer will be forthcoming."
News of the talks has apparently been well-received, with Eidos shares taking a leap from £8.95 to £12.00 over the course of yesterday.
No company has been named as the interested party, but Warner Bros. looks like the favourite. The US media giant increased its stake in Eidos a month ago, giving it just shy of 20% of shareholder votes.
Another possible suitor is Japanese publisher Square Enix. The company has reportedly shown an interest in Eidos in recent months and has been looking to expand its reach beyond Japan.
Eidos's recent track record took another hit recently when Tomb Raider Underworld underperformed, prompting the company to reduce its financial guidance for 2009.
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