Eidos Denies Buyout Rumours

Share price plunges

Posted by Staff
25 To Life
25 To Life
Eidos today issued a press statement dispelling rumours that it was receiving offers bidding for its takeover: "In the light of continuing media speculation concerning a possible approach to the company, the board can confirm that it has received no such approach and is not in discussions with any party concerning a possible offer."

Financial speculators and stock brokers reacted to the news accordingly, and Eidos' share value has taken a dive as a consequence. Sales of its Hitman: Contracts game have also been disappointing, and so their end of year financial results could be more painful than expected. Eidos still has a few potential money-makers up its proverbial sleeve though - 25 To Life, Thief: Deadly Shadows and others could help it turn a respectable profit.
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Comments

Joji 20 May 2004 17:37
1/1
Bloody hell....it's news to me, but frankly I don't give a monkeys. Sales of Hitman have been bad, because someone released Contracts too bleeding early. Think about it Eidos, christmas was just a few months ago.

I care little for corporate crap and money grabbing, serves you lot right for milking Tomb Raider to death.
What goes around, comes around.



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