Market Insight

Tecmo takeover bid backfires for Square Enix

September 30, 2008  | Subscribers Only

Steve Bailey Steve Bailey Principal Senior Analyst, Games, IHS Markit

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At the end of August, Japanese developer and publisher Square Enix announced a friendly takeover bid of Tecmo, proposed at 920 yen per share. Once the week-long deadline for decision had lapsed, Tecmo rejected...

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