Ubisoft is frontrunner in Eidos buyout
The French publisher Ubisoft appears to be on the verge of sealing an estimated $400 million takeover bid for British publisher Eidos. Negotiations have been in the works for more than two years now. Eidos has seen its share of struggles in recent years—need we mention the huge commercial flop that was Tomb Raider: Angel of Darkness. But with Ubisoft soon to be in control, and Toby Gard returning to the franchise, Eidos' stocks are on the rise. Look for more updates on the takeover in the coming days.