Wednesday, July 5, 2000
More Infogrames and Eidos -- 12:25 pm CST, Update by A.T. Hun
Yahoo News quotes more "sources" saying that Infogrames is looking at buying Eidos. Once again, the sources of the rumors seem to be getting more reliable. We'll have to wait and see what happens. Thanks Evil Avatar.As an aside, Old Man Murray has an article on their real news page of why Eidos REALLY is in financial trouble. It's not the $30 million sink-hole that is ION Storm (although it looks like Deus Ex should help them get back some of that investment), but an ill-timed $55 million investment in the parent company of the Gamefan Network whose stock value did a violent nose-dive. If it's true, it explains an awful lot.
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