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Koei & Tecmo Finalize Merger In $207 Milllion Deal > |
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2008/11/18 18:28:53: Posted by DM |
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Koei and Tecmo have finalized their merger, in a stock deal with value of $20 Billion Yen, or about $207 million USD. Tecmo, as you know, is being sued by Tomonobu Itagaki and some members of his team. They claim they were promised bonuses and financial compensations that were never honored. When this happened, Tecmo all but fell apart. At that point Square showed interest in the company, but in the end, Koei won the takeover war. Tecmo claims that games like DOA and Ninja Gaiden are still in their hands, so we will stay tuned to see if we can expect DOA5 and more.
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Comments
Written by Nemesis IX on 2008/11/19
the most obvious pairing you could have, good for us i hope.
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