A private equity group which includes U2 rocker Bono has helped boost
shares in video games manufacturer EIDOS, after it purchased the firm for
$134.9 million (GBP71 million).
Shares in the company behind gaming favourite Tomb Raider enjoyed a 14 per
cent rise following the take-over.
The US private equity group ELEVATION PARTNERS counts PRIDE (IN THE NAME
OF LOVE) singer Bono and former ELECTRONIC ARTS president JOHN RICCITIELLO as
Eidos recently released a dismal six-month earnings report, which also
exposed delays in its premiere franchises, including the next Tomb Raider and
HITMAN: Blood Money games.