Time Warner Entertainment has stepped out from the cacophonous acquisition noise
by purchasing 10 million shares in the company. Reuters
reports that Warner now holds about 20% of Eidos' stock.Rumors
regarding Time Warner's intent to purchase the struggling publisher
have been swirling for months with everyone from EA to Ubisoft listed as potential suitors. With all the names in the story, it appears Take-Two
is the only major publisher not mentioned in recent reports
as being interested in purchasing Eidos and controlling its many notable franchises
.Note: Time Warner owns AOL, which owns us. So, if Eidos gets purchased by TW, they'll be our distant third-cousin, twice removed ... who was adopted ... as an adult.