No offense Tecmo, but I think Square Enix is WAY better as a company than Koei, but I could be wrong, as always.
Showing posts with label Tecmo. Show all posts
Showing posts with label Tecmo. Show all posts
Friday, September 5, 2008
Square Enix's Pull Out
Today (Friday morning in Japan exactly), Square Enix made an announcement in response to yesterday's Tecmo in talk with Koei news. Square Enix decided to pull out from Tecmo buy out bid. This is expected i guess after Tecmo refuse Square Enix offering and have a talk with Koei instead for a possible merger.
No offense Tecmo, but I think Square Enix is WAY better as a company than Koei, but I could be wrong, as always.
No offense Tecmo, but I think Square Enix is WAY better as a company than Koei, but I could be wrong, as always.
Labels:
Buy out,
Koei,
Merger,
Square Enix,
Tecmo
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.
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.
Labels:
Buy out,
Koei,
Merger,
Square Enix,
Tecmo
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