Square Enix Plans To Take Over Tecmo.

[JKTrix]

Squenix says "Wut? Why? Xplain plz"

The Company immediately requested TECMO for explanation of some issues as follows:

1. Please confirm that the decision on the start of discussions with KOEI toward integration of management is the reason for rejection of the Proposal.

2. If that is the case, please clarify concretely that major terms of integration of management with KOEI (form of the integration, stock prices assumption, integration ratio and so forth) are favorable for TECMO's shareholders than the Proposal.

3. If not, please clarify that TECMO has an alternative plan, which is favorable for TECMO's shareholders than the Proposal.

The Company will make definitive decision on its plan immediately after receiving a response from TECMO.

For what it's worth, I saw something the other day that's like the estimated stock value (or something) for all the major Japanese game companies.

Nintendo
7 550 900 million Yen



Konami
452 000 million

+

Hudson (belongs to Konami)
32 800 million Yen



Square Enix Taito
408 800 million Yen


Bandai Namco
320 200 million Yen


Sega Sami
269 000 million Yen


Capcom
236 500 million Yen



Koei
181 200 million Yen
+
Tecmo
22 700 million Yen




Atlus
8 100 million Yen


AQ Interactive (Artoon+Cavia+FeelPlus+XSEED+Mistwalker)
7 100 million Yen


Falcom
2 800 million Yen

Tecmo alone would have been decent enough for Squenix to buy, but combined with Koei now it probably won't be so easy.