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Tuesday, February 24, 2009

Tomb Raider sells

Tomb Raider sells

Eidos, the British gamemaker behind the "Tomb Raider" franchise, has agreed to be purchased by Japanese vidgame company Square Enix for $120 million.

Small sum will significantly hurt Warner Bros., which owned 20% of Eidos, and is now expected to lose $93 million should the deal be approved by investors. It had invested $30 million in Eidos last year on top of the initial $87 million it put into the company in 2006.

Square Enix is buying out WB's stake for $24 million.

Click below for the rest of the story.

Full Story from Variety.Com

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