UK publisher accepts $135 million bid from US venture capital firm partly run by Irish rocker Bono.
Just one day after the well-regarded British newspaper The Daily Telegraph reported that Eidos was being pursued by SCi Entertainment, Reuters is reporting the publisher has been sold...to a totally different company. The wire service is reporting that late today, Eidos accepted an offer from Elevation Partners. Headed by a board of directors that includes U2 lead singer Bono, Elevation Partners has been a rumored Eidos buyer for several months, along with French publisher Ubisoft and now SCi.
According to Reuters, Elevation Partners made Eidos an offer it couldn't refuse: 71 million pounds ($135 million) in cash, or 50p ($0.95) per share. The price was more than 5p ($0.095) higher than the 44.75p ($0.85) at which Eidos' stock closed on Monday, following a surge sparked by the Telegraph article. The Reuters article revealed Eidos had been entertaining a 53p ($1.00) per share offer earlier this month from an unnamed buyer.
News source: GameSpot
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