Friday, September 5, 2008

Koei And Tecmo in Talk

Just recently, I read on the internet that my favourite publisher Square Enix submitted a proposal to buy out Tecmo. The company was seeking to buy the shares for ¥920 per share in a tender offer which may be worth at least ¥11 billion. The proposed price is about 30% premium to Tecmo's closing price of ¥706 before the offer news.
Apparently, Tecmo rejects the offer. According to Japan Business News site Nikkei Net, Koei Co. and Tecmo Co. have begun merger talks with the goal of integrating their operations. Does it mean that we will see Ryu Hayabusa in Dynasty Warriors game in the future? Only time will tell.

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