We all know Midway and Eidos rather well. These companies have brought us several legendary games over the years, most notably Mortal Kombat, Unreal Tournament , Stranglehold (Midway), Hitman and Tomb Raider (SCi/Eidos).

After an unsuccessful merger attempt back in 2003, the time has come for a second attempt and negotiations are under way. It looks like this time around the talks might bear some fruit, as both publishers have much to gain from such a deal.

A lot has changed in the past four years. Neither Midway nor Eidos are swimming in cash nowadays, which might turn out to be one of the principal causes of the second merger attempt. Unfortunately, the gaming community will probably gain nothing from the deal, as most people believe that the new company will only invest in sequels of very profitable franchises in order to generate much needed cash. New and risky undertakings will probably be put on hold for the time being.

More here.