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Tecmo to Square: No Thanks
Tecmo has turned down a takeover offer from Square Enix and announced plans to focus on merger talks with fellow Japanese publisher Koei.
Koei plans to hold a news conference regarding a merger with Tecmo later on Thursday following the Ninja Gaiden publisher's decision to knock back Square Enix’s proposal, Reuters reports.
Square Enix previously announced plans to acquire more than half of Tecmo in a deal valued at over $100 million, but the Final Fantasy house said it would not pursue its bid if it was rejected.
Wow, it seems like a good deal. Seeing how Tecmo is stagnating with their IP's and not publishing anything relevant these days.
What? You say Ninja Gaiden? Sorry but you just bored me. Just because you come out with updated iterations of the same game doesnt mean less than anything. DOA you say? If i wanna see big jugged women fighting i would watch some Foxy Boxing or better yet a adult film. Both are interactive... Come On Tecmo; take the deal SquareEnix probably has some good ideas for that catalog of IPs you have hidden in that storage place in Japan.