Court approves – Square Enix officially taking over Eidos

Court approves! - Image 1It’s final – nearly a month after Eidos shareholders approved the Square Enix takeover, court has finally approved the publisher’s acquisition, making Lara Croft and Tomb Raider part of the Square Enix family, although it doesn’t appear that Eidos’ operations will be affected too much by the new arrangement.

Lara Croft - Image 1It’s final – nearly a month after Eidos Interactive shareholders approved the Square Enix takeover, court has finally approved the publisher’s acquisition, making Lara Croft and Tomb Raider part of the Square Enix family, although it doesn’t appear that Eidos’ operations will be affected too much by the new arrangement.

The take-over formally takes effect tomorrow, April 22nd, and Eidos shares will be de-listed from the London Stock Exchange by 8AM London Time on the 23rd. The US$ 117 million take-over gives the Tokyo-based Square Enix a stronghold in Western shores.

With Eidos under Square Enix, it’d be interesting how the latter would be using its new resources to their advantage. Focus naturally will turn to games, and how Lara Croft will fit in next to her new Japanese mates.

Via Hemscott

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