Square Enix, Eidos agree on acquisition window
A timeline has been released regarding Square Enix’s acquisition of Eidos, as the two companies hope to conclude the long-reported proposed purchase of the latter by the former by early May.
According to the schedule, shareholders will vote on the matter on March 25th and, if the majority response is affirmative, and Time Warner (who own 20 percent of Eidos) also approves the deal, Square Enix will take full ownership of Eidos by May 6th.
Once the acquisition has been set in motion, Eidos shares will be suspended on April 21st and its share listings cancellation will be due to occur the day after.
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