Square Enix Shares Jumped On Buyout Rumors, But The Company Says It’s Not Happening
Square Enix has denied reports from the magazine Sentaku that it was exploring going private, a rumor that had caused its stock to jump 7%. The company stated that no such consideration is currently being given. Despite the denial, the article notes Square Enix's stable revenue, diverse business including manga and arcades, and upcoming games make it a potentially lucrative prospect for acquisition.
- Entities
- Company: Electronic Arts
- Topic: Stock Market
- Game: Final Fantasy Resonance
- Game: Final Fantasy VII Revelation
- Topic: Mergers and Acquisitions
- Company: Square Enix
- Company: Nintendo
- Company: Taito Corporation
- Game: Final Fantasy
- Company: Capcom
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