EA hasn’t shown interest for months, it turned out. The other two may be more plausible – Midway wants to increase its interests outside the US and Apax will buy anything if there is a profit in it.
But a valuation in excess of $500m, when SCI’s purchase of Eidos six months ago only cost around $100m, means that the suitor would have to be absolutely convinced that this is a smart investment, not an ego trip. And any buyer certainly has to see more than smart cashing in by SCI management just ahead of a new era for the market, driven by next-gen hardware.
According to SCI, the approaches so far “may or may not lead to an offer for the company.”
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