RPGFan


Tecmo to Team up with Koei?
09.04.08 - 12:02 PM

Tecmo today rejected the friendly take-over bid (TOB) launched by Square Enix last week.

Instead, the makers of Ninja Gaiden and Dead or Alive revealed that they have entered negotiations about a tie-up with Yokohama-based Koei. Tecmo expressed its belief that its value can be increased further, without joining the Square Enix Group. The company's management sees strong synergy effects in a potential merger with Koei, because the makers of Dynasty Warriors and Romance of the Three Kingdoms have a strong market presence in Asia, while the Tecmo brand has been stronger in the western hemisphere.

Square Enix reacted to the rejection by issuing a statement demanding Tecmo to explain whether it rejected the friendly TOB as a result of its negotiations with Koei and whether a potential Tecmo/Koei tie-up would constitute a more lucrative deal than Square Enix's proposal. Depending on the answer to the second question, Tecmo should furthermore specify a more lucrative alternative proposal. Square Enix's management would only decide its future course of action once Tecmo's management had provided answers to the aforementioned questions.




Back
Chris Winkler





Coming Up on Twitch

The Blackwell Legacy
Sunday, Feb. 19 • 10am PST/1pm EST

Shining Force
Every Tuesday • 11am PST/2pm EST

Tales of Symphonia
Every Wednesday • 4pm PST/7pm EST

Valkyria Chronicles
Every Thursday • 5pm PST/8pm EST

Featured Content
Fire Emblem Heroes Review
Fire Emblem Heroes
Review
SUCCESSOR: Final Fantasy VIII Remixed Review
SUCCESSOR: Final Fantasy VIII Remixed
Review
Random Encounter 123
Random Encounter 123
Podcast
Dark Souls II: Scholar of the First Sin Review
Dark Souls II: Scholar of the First Sin
Review
Kyōfu no Sekai Preview
Kyōfu no Sekai
Preview
Detention Review
Detention
Review
RSS Feeds & More
Complete Feed
Reviews Feed
Media Feed
Random Encounter
Rhythm Encounter
Retro Encounter