Major Tecmo Shareholder not feeling the Koei merger |
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Looks like not everyone is happy with the Tecmo-Koei merger. Tecmo's second largest shareholder, Effissimo Capital Management Pte, voiced out its displeasure with the said merger, saying that there was a lack of information as to how the new partnership will benefit the investors.Effissimo, holding a whopping 17.6 percent of the Tecmo share, has raised its concern to Japam's Ministry of Finance. Says company director Takashi Kosaka, "We have not had sufficient information from the company to make a judgment on the merger, such as the feasibility of their plan to raise shareholder value."
On the other hand, Koei officials remain silent about the matter, while Tecmo confirmed its receipt of the document through Norihiro Mukai, spokesperson.
Either Effissimo's been sleeping in their meetings or they really just prefer Square Enix's offer over Koei's. If you'll remember, Tecmo was the much-sought-after developer company courted by Square Enix and then won over instead by Koei.
Related Articles:
- Tecmo answers Square Enix questions regarding rejected merger proposal
- Koei Tecmo merger finalized, detailed; Itagaki to return? Absolutely not
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Comments [refresh]
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Japam lol QJ needs to seriously get its act together, too many typos, mistakes with grammar and misleading article titles.
Pah!
If Yoichi Wada wanted to take them over it would've been the better choice financially as well.
I'm glad they decide to merge with Koei rather than Square-Enix. I'm sure if Square-Enix merged with Tecmo then you can expect a lot less quality out of Tecmo. Square-Enix has done nothing but push out mediocre garbage this gen and these upcoming final fantasy games don't seem like they will break the mold. With how bad Square-Enix is this gen I really do hope this is their "final" fantasy.
MARTINSTATIC, if you dont like qj go somewhere else. the people that write these articles are just that... PEOPLE. These articles come from alot of people from alot of different places, not one guy named qj, so catching every little thing and stupid crap like a measly typo (over ONE key on the keyboard and its really easy to miss that typo in particular because they look very similar when reading through. I didnt even catch it). people make little mistakes and if you make a kind comment on an error they always fix it immediately.
got a bigger pic of that one from front page? hehe
Making excuses about the merger now Tecmo?
right there with ya