Square Enix Offers to Buy Eidos

Japanese giant Square Enix has made a buyout bid for Eidos, for $120 million – a 129% premium over the worth of the latter company’s stock. Eidos has been the subject of buyout rumours for some time now, with its rocky financial state over the last few years. The buyout is likely to go ahead, and what effect this will have on the development of Deus Ex 3 remains to be seen.

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