Buyouts, Layoffs, Bankruptcy, and Financial Reports

[Velorath]

Probably easiest just to have one catchall thread for this kind of thing now:

Bandai Namco is attempting a buyout of Puzzle Quest publisher D3.

The bigger news is that Square Enix is making a bid for Eidos.

Square Enix has made an offer to buy UK-based Eidos Interactive, launching a £84.3 million ($117 million) bid for the Tomb Raider publisher.

Reports of acquisition talks have swirled around Eidos for years. Atari owner Infogrames bid for the publisher last year, and Eidos has also been linked to Electronic Arts and Ubisoft. Most recently, existing stakeholder Time Warner looked quite likely to become the publisher's ultimate owner in increments.

But Time Warner, which owns 20 percent of Eidos, is contractually obligated to allow the deal unless it were to make an offer of its own. It must accept the recommendation Eidos' Board of Directors plans to make to its shareholders that they take the deal. The Board will convene for the recommendation in March.

Meanwhile Midway files for Bankruptcy, while Kotaku is posting a rumor that the long ago announced, but never seen Aliens RPG from Obsidian has been canceled, resulting in more than 20 employees to be layed off.

[Mrbloodworth]

Was just about to post the midway stuff, good thing i looked around first, heh.

Midway, man, that name has some history.

[fnddf2]

BANKRUPTALITY

Sorry, I couldn't resist.  It's not even my own joke.