Square Enix wants to buy Tecmo at a 30% premium

By Spencer . August 28, 2008 . 11:09pm

Square Enix wants to buy Tecmo at a 30% premiumIn the eyes of Square Enix’s management, Tecmo is worth paying 30% more the current 709 yen ($6.45) price per share. If the friendly Square Enix Tecmo takeover goes through Square Enix will pay 920 yen ($8.40) a share for a company that owns intellectual properties such as Tecmo Bowl, Monster Rancher, Dead or Alive, and Ninja Gaiden. Tecmo stock has been on a steady decline since November 2007, after the stock reached its 52 week high at 1,800 yen per share ($16.45). Tecmo’s 52 week low occurred earlier this month when the stock was sold for 538 yen ($4.90) per share.

 

Earlier today Microsoft announced the co-published Ninja Gaiden II sold one million copies worldwide. According to the current stock price one copy of Ninja Gaiden II bought at MSRP is equivalent to around seven shares of Tecmo stock.

 

Images courtesy of Tecmo.


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  • Al

    This would be interesting if it happened.

    Seeing Squarenix’s take on Dead or Alive alone would be worth it. Either that or something even more horrifying than FFX-2.

  • Al

    This would be interesting if it happened.

    Seeing Squarenix’s take on Dead or Alive alone would be worth it. Either that or something even more horrifying than FFX-2.

  • yurei

    I’d like to see a Squenix version of Tecmo’s Deception series, particularly a remake of Kagero: Deception II. It’s one of the most mistreated and underrated gaming franchises ever.

  • yurei

    I’d like to see a Squenix version of Tecmo’s Deception series, particularly a remake of Kagero: Deception II. It’s one of the most mistreated and underrated gaming franchises ever.

  • squall3031

    I would like to see that new fatal frame game on PS3 as well ^^

  • squall3031

    I would like to see that new fatal frame game on PS3 as well ^^

  • Anonymous

    squall3031 “that” new fatal frame, was co-developed with Nintendo. It isn’t going anywhere.

    As for this buyout… Nooooooooo.

  • Pedro Silva

    squall3031 “that” new fatal frame, was co-developed with Nintendo. It isn’t going anywhere.

    As for this buyout… Nooooooooo.

  • seiya19

    Wow… I don´t know what to think of this… I´ve always liked both companies (or 3 ?) and I guess this is better than Tecmo going bankrupt (worst case scenario), but I don´t want to lose them as developers for their games.

    Maybe this could turn out for the best though, with S-E providing the financial support that Tecmo developers need and keeping them as an internal developer for their games (much like Taito is now, I think). They could even get Itagaki back to work for them.

    And no, this wouldn´t affect the exclusivity of Fatal Frame IV…and I don´t think it would affect Ninja Gaiden II either. Although other titles such as Rygar or other projects and recently released games could be affected…

  • seiya19

    Wow… I don´t know what to think of this… I´ve always liked both companies (or 3 ?) and I guess this is better than Tecmo going bankrupt (worst case scenario), but I don´t want to lose them as developers for their games.

    Maybe this could turn out for the best though, with S-E providing the financial support that Tecmo developers need and keeping them as an internal developer for their games (much like Taito is now, I think). They could even get Itagaki back to work for them.

    And no, this wouldn´t affect the exclusivity of Fatal Frame IV…and I don´t think it would affect Ninja Gaiden II either. Although other titles such as Rygar or other projects and recently released games could be affected…

  • Anonymous

    Square Enix has done alright by Taito, and I expect the same from them should Tecmo be aquired too. Hopefully they can oust the problematic management and lure back Itagaki in the process.

    On the other hand… I still mourn Quest. :(

  • jarrod

    Square Enix has done alright by Taito, and I expect the same from them should Tecmo be aquired too. Hopefully they can oust the problematic management and lure back Itagaki in the process.

    On the other hand… I still mourn Quest. :(

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