Tecmo has successfully negotiated a merger with fellow Japanese publisher Koei. The two will join forces to form Tecmo Koei Holdings, which goes into effect on April 1, 2009.
Koei will hold three quarters of the newly combined publisher, and 20 billion yen ($207 million) in stock will be infused into the holding company during the [...]

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Denying fans of a ridiculous (yet possible) Final Fantasy Xtreme Beach Volleyball game, Tecmo today rejected the buyout offer from Square Enix, instead opting to push ahead with merger talks with Koei.
A Tecmo statement translated by Kotaku reads that both Koei and Tecmo “have excellent financial positions, strengths and the ability to take advantage [...]

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Japanese developer Square Enix announced that it has made a “friendly” offer to acquire a controlling stake in Tecmo, the studio behind Ninja Gaiden and Dead or Alive.
Tecmo has until September 4 to respond to the offer, which will see Square purchase a controlling stake in the company at a 30% premium over current [...]

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