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

Back To The Future
May 1 • 9:00am PDT/12:00pm EDT

Final Fantasy IX PC
May 8 • 9:00am PDT/12:00pm EDT

Persona 4 Golden Continues!
Every Monday • 5:00pm PDT/8:00pm EDT

Grandia II Continues!
Every Wednesday • 2:00pm PDT/5:00pm EDT

Featured Content
Etrian Odyssey Untold OST Review
Etrian Odyssey Untold
OST Review
Nioh Hands-On Preview
Nioh
Hands-On Preview
Bravely Second: End Layer Review
Bravely Second:
End Layer
Review
The Walking Dead: Michonne: Episode Three Review
The Walking Dead: Michonne: Episode Three
Review
Retro Encounter 13: NieR ~ Final Thoughts
Retro Encounter
13: NieR
Final Thoughts
Imperial SaGa OST Review
Imperial SaGa
OST Review
RSS Feeds & More
Complete Feed
Reviews Feed
Media Feed
Random Encounter
Rhythm Encounter
Retro Encounter