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Eidos in Trouble

Posted by foyleman in Gaming News on Mar 10, 2005
As the next Tomb Raider and Hitman games are delayed again, Eidos employees have reason to fear that the company may no longer exist by the end of this year. If the company cannot find financial funding by means of investors or takeover by April 22, 2005, "the adequacy of the Company's working capital facilities cannot be assured." After that date, RBS will have "the right to require the Company to undertake an orderly disposal of assets, and/or intellectual property, of an amount equal to the facility plus associated fees."

More detail is available from Gameindustry.biz

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