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Square Enix purchases more stock in Eidos

square-edios

Square Enix has purchased more stock in Eidos, further extending its plans to acquire the company.

The firm bought approximately 11 percent of shares, previously owned by Insight Investment Management and Pioneer Investment Management for $0.46 each.

Square's stake in Eidos is now over 32 percent.

Warner and Pioneer have both backed the deal.

More over at GI.biz.

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Stephany Nunneley-Jackson

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Stephany is VG247’s News Editor, with 22 years experience (with 15 of them at VG247). With a brain that lacks adhesive ducks, the ill-tempered, chaotic neutral fembot does her best to bring you the most interesting gaming news. She is also unofficially the site’s Lord of the Rings/Elder Scrolls Editor.
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