Square Enix Taking Over Tecmo?
kula shakerz    2008-08-29, 08:12 am.

Square Enix released a statement earlier today explaining their Tecmo takeover plan. According to the plan Square Enix will purchase Tecmo stock at a rate of 920 yen per share, representing a 30% premium over Tecmo's August 28 closing price of 708 yen.

It everything works as planned then Tecmo will get a similar status to Taito, falling under a Square Enix holding company and maintaining its company organization and brand.

The Tecmo Board of Directors has until September 4 to approve or reject this offer. If rejected, Square states, "We will withdraw our offer."

You can see the official statement here: http://www.square-enix.com/j...3.pdf (in Japanese).

Shinraepc    2008-08-29, 12:03 pm

It´s nice seeing them expand

Siion    2008-08-29, 18:11 pm

You have to love the first line "takeover plan." soon it wont be tecmo, it will be the world.

V_Translanka    2008-08-29, 20:16 pm

I hope this goes through, it'd be another major acquisition for Square-Enix Alliance...>_>

MegamanX1331    2008-08-30, 07:25 am

HAAAA HA HA HA! Yes, YES! Grow, devour those who dare oppose the might of SQARE-ENIX, who bring the pinnacle of gaming to the world! Seriously though, does this mean Ryu Hayabusa will be in Kingdom Hearts 3?

Ikuzo    2008-08-31, 08:24 am

Blah... this is probably the reality for the gaming industry. They can't survive by just making video games anymore. They need to integrate other media to put food on the table. <.<;

Andaryu    2008-09-03, 12:38 pm

In all honesty the only games that made Tecmo is DoA and Ninja Gaiden. S-E doesnt even need those series(s) to be successful, but it would be nice to see them incorporate story/characters of Tecmo in other games.

V_Translanka    2008-09-04, 06:31 am

Tecmo Super Bowl too~!! The new editions of TSB are coming out soon as well...

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