NEWS - Thursday, April 24, 2003


Talks With SEGA Begins

Japan’s Sega Corp. said on Wednesday its board members had given it the go-ahead to "officially" consider merger deals proposed by pinball machine maker Sammy Corp and fellow game maker Namco Ltd. The company, known for its "Sonic the Hedgehog" games, declined to provide details of the board’s discussion, but a spokesman said Sega was aiming to make a final decision on the proposals by the middle of May so that a deal could be approved by a shareholders meeting slated for late June. Last week, Namco said it wanted to reopen merger talks with Sega, threatening to torpedo Sega’s planned October integration with Sammy. Asked whether Sega’s board members had agreed to consider other reported options such as an operational alliance with Electronic Arts Inc, the spokesman said he could not comment. The Nihon Keizai business daily said last week that Sega’s board was expected to agree on Wednesday to also consider a proposal from EA for a capital alliance and collaboration in development and sales with Sega. Namco and Sammy both declined to comment on the current status of merger discussions with Sega.
Source: http://www.reuters.com/

Comments

Site Statistics

Registered Members: 48,723
Forum Posts: 725,917
Xbox One Titles: 2,823
Xbox 360 Titles: 1,086
Xbox 360 Kinect Titles: 95
Xbox 360 Arcade Titles: 586
Original Xbox Titles: 987
Staff Reviews: 2,028
Member Reviews: 10,339
News Articles: 15,624
Screenshots: 34,050
Xbox 360 Achievements: 45,112
Xbox 360 Faceplates: 2,016
Cheat Codes: 1,706

Latest News







Torchlight III Now Available

Torchlight III Now AvailableTorchlight III, the light-hearted and fast-paced dungeon crawler, has officially launched, bringing back signature mechanics that defined the series, like hack’n’slash combat and the beloved pet system.


See News Archives

Community Forum Activity

Xbox Series X or S
Post by Nato King
3 Replies, 1015 Views

Spellbreak Grand Magus Pack (3) and Starter Pack (7) Giveaway!
Post by Variation-XBA
0 Replies, 837 Views

I pay $ 1000! I search the Element 54 Canadian launch Team signaturen Faceplate
Post by Smill
0 Replies, 5094 Views

Xbox one no signal
Post by debrartin
0 Replies, 26986 Views

do you remember?
Post by SnoochyBoochy
3 Replies, 27066 Views

i haz xbox
Post by SnoochyBoochy
0 Replies, 23131 Views

Claiming the first thread of 2020
Post by Kraft
6 Replies, 39478 Views

Important! I pay $ 1000! I search the Sweden launch and the Element 54 Faceplate
Post by Smill
3 Replies, 23102 Views

Squad Up
Post by samslophead
0 Replies, 49144 Views

TERA Skinned Xbox One X Giveaway!
Post by Variation-XBA
0 Replies, 52840 Views

Starfield Release expectations?
Post by DJ tx
4 Replies, 87965 Views

Issue with Xbox live on Xbox home
Post by rcmpayne
0 Replies, 60424 Views

Happy Birthday, Me.
Post by SnoochyBoochy
4 Replies, 74112 Views

Xbox Playdates Canada October, 2018 Play date info thread.
Post by Kiesey
2 Replies, 18881 Views

2 Giveaways! Bridge Constructor Portal AND Tempest 4000!
Post by Variation-XBA
0 Replies, 17524 Views

© 2000-2020 XboxAddict.com - All rights reserved. All trademarks are properties of their respective owners.
Xbox is a registered trademark of Microsoft. XboxAddict.com is not affiliated with Microsoft.

Made in Canada
Site Design by Cameron Graphics