Tecmo declines Squre Enix offer, wants to merge with Koei

“Through a merger, we expect we can grow further by respecting both companies’ identities and having an environment in which employees can fully exhibit their skills (Koei) has a higher possibility of improving corporate value.” – Tecmo/Koei statement

I knew that Tecmo had been struggling over the past few months, dealing with issues inside of the company. However, I didn’t exactly see merging with Square Enix as a perfect fix. Koei, on the other hand, might be a better partner for Tecmo.

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