Shares in video-game maker Eidos shot up by 42 percent at one point today after the company confirmed it received a takeover approach. A statement on the company’s website says it’s early days and that discussion may not lead to a deal, but it is welcome news for the company after disappointing Christmas US sales of its flagship Tomb Raider game, which led to a cut in its full-year sales forecast. The company admitted it may have to re-negotiate its debt before its next banking covenant test in June.

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When it was still called SCi Entertainment, the company reportedly had as many as three bidders interested in taking it over, one being existing shareholder Time Warner (NYSE: TWX), which instead decided to increase its stake from 42.5 million to 52.5 million shares, or 19.92 percent.