Reports in recent weeks have indicated that Electronic Arts, Ubisoft and possibly even Square Enix have been looking to acquire Tomb Raider publisher Eidos. In the meantime, however, media giant Time Warner has increased its stake in Eidos by another 10 million shares, bringing its total to 52.5 million shares in the company (19.92 percent).
It's not clear at this point if the share building is a precursor to Time Warner's purchasing Eidos outright or at least acquiring a majority stake in the company. Eidos (formerly known as SCi Entertainment) only recently altered its agreement with Time Warner, which had prevented the firm from purchasing more shares. Even so, under the new agreement Warner can only go as high as 30 percent, so if the intention is to gain a majority then clearly another amendment to the agreement will have to be worked up.
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