Eidos stock up following buyout talks
Eidos share prices have been positively bouncing this morning. GI.biz reports that yesterday's acknowledgment of a takeover bid sent the stock up 40% to 17 pence. The shares are currently maintaining an increase from yesterday's closing price.
Investors may be optimistic, but there's still no word on the mystery company interested in Eidos. Current speculation is that Warner Bros. is the one making a move, having already taken over 20% of the publisher. Eidos' woes were renewed recently after sales of Tomb Raider: Underworld did not meet expectations.
