Square Enix swoops for Eidos has word that Japanese publisher Square Enix has made an offer for Eidos, estimated to be £84mn, which they say is about a 129% premium on Eidos' current market value. According to MCV, Eidos directors will recommend that shareholders approve the deal, and they quote Eidos saying such an acquisition represents "a highly attractive opportunity for the Square Enix group to create further value" for its shareholders. They also quote Square Enix president Yoichi Wada saying: "Eidos is a talented developer and publisher of interactive entertainment products with a broad portfolio of highly successful mass market franchises, led by Tomb Raider, one of the most successful videogame franchises of all time." Update: On a related note, Edge Online reports that Square Enix has lowered its financial guidance for the fiscal year ending March 31, and has delayed the release of Dragon Quest IX in Japan until July 11.