iTunes - Podcast RSS Feed - Podcast RSS Feed - News RPGFan YouTube Channel RPGFan on Facebook RPGFan on Twitter


RPGFan Social Links
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





Featured Content
Disgaea 4: A Promise Revisited Review
Disgaea 4: A Promise Revisited
Review
Theatrhythm Final Fantasy: Curtain Call Review
Theatrhythm Final Fantasy: Curtain Call
Review
The End and The Beginning: A Return to Hoenn
The End and The Beginning: A Return to Hoenn
Editorial
The Witcher Adventure Game Hands-On Preview
The Witcher Adventure Game
Hands-On Preview
Ar nosurge: Ode to an Unborn Star Media
Ar nosurge: Ode to an Unborn Star
New Media
The Legend of Heroes: Trails in the Sky (Steam) Review
The Legend of Heroes: Trails in the Sky (Steam)
Review