{"id":4866,"date":"2008-08-28T06:44:44","date_gmt":"2008-08-28T13:44:44","guid":{"rendered":"http:\/\/www.dfcint.com\/dossier\/?post_type=news&#038;p=4866"},"modified":"2013-03-17T15:06:45","modified_gmt":"2013-03-17T22:06:45","slug":"tecmo-wooed-in-takeover-bids","status":"publish","type":"post","link":"https:\/\/www.dfcint.com\/dossier\/tecmo-wooed-in-takeover-bids\/","title":{"rendered":"Tecmo Wooed In Takeover Bids"},"content":{"rendered":"<div id=\"attachment_6498\" style=\"width: 385px\" class=\"wp-caption alignleft\"><img aria-describedby=\"caption-attachment-6498\" loading=\"lazy\" class=\"size-full wp-image-6498 \" alt=\"Tecmo is best know for its Dead or Alive series.\" src=\"http:\/\/www.dfcint.com\/dossier\/wp-content\/uploads\/2008\/08\/Dead-or-Alive-S.jpg\" width=\"375\" height=\"281\" \/><p id=\"caption-attachment-6498\" class=\"wp-caption-text\">Tecmo is best known for its Dead or Alive series.<\/p><\/div>\n<p>AUG. 28, 2008 \u2022 Square Enix announced a friendly takeover bid for Tecmo. The former would purchase a majority of Tecmo stock for \u00a5920 ($8.60) a share, a premium over the \u00a5708 ($6.62) Tecmo shares were trading at. The offer was made after legal difficulties had forced Tecmo&#8217;s president to resign. Square Enix said it would operate Tecmo under a holding company, and would allow the latter&#8217;s management and identity to remain intact. On Sept. 4, Tecmo rejected the offer, and said it was pursuing a merger with Koei instead.<\/p>\n<p><em><span style=\"color: #3366ff;\">Impact:\u00a0 Tecmo has been publishing arcade oriented video games since the 1980s.\u00a0 The company has had an emphasis on arcade sports and fighting titles, including the popular Dead or Alive series.\u00a0 Square Enix has been best known for a very different type of game, RPGs.\u00a0 However, Square Enix, along with most Japanese publishers is trying to diversify its product portfolio.\u00a0 In 2005 Square Enix bought arcade publisher Taito, th company behind the huge 1970s hit Space Invaders.\u00a0 Koei is similar to square Enix in that they are best known for strategy games, often with a historical focus.\u00a0 A merger between Koei and Tecmo would basically result in a company with a broader product portfolio.\u00a0\u00a0<\/span><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AUG. 28, 2008 \u2022 Square Enix announced a friendly takeover bid for Tecmo. The former would purchase a majority of Tecmo stock for \u00a5920 ($8.60) a share, a premium over the \u00a5708 ($6.62) Tecmo shares were trading at. The offer was made after legal difficulties had forced Tecmo&#8217;s president to resign. Square Enix said it [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"_links":{"self":[{"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/posts\/4866"}],"collection":[{"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/comments?post=4866"}],"version-history":[{"count":4,"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/posts\/4866\/revisions"}],"predecessor-version":[{"id":6501,"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/posts\/4866\/revisions\/6501"}],"wp:attachment":[{"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/media?parent=4866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/categories?post=4866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dfcint.com\/dossier\/wp-json\/wp\/v2\/tags?post=4866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}