Square Enix Denies Going Private Amidst Stock Surge
Square Enix has officially refuted reports suggesting a potential move to go private. These rumors, fueled by Japanese magazine Sentaku and investor speculation, caused the company's stock to jump. The publisher has confirmed no such considerations are currently underway.
Coverage across 5 outlets
Final Fantasy Maker Square Enix Denies Rumors That It's Going Private
Square Enix has officially denied recent rumors suggesting the company is considering going private. The statement addresses speculation circulating within the industry.
Square Enix denies going private after report sends stock surging
Square Enix has officially denied reports suggesting the company is considering going private, stating that no such consideration is currently being given. The denial follows a surge in the company's stock price, which was reportedly influenced by speculation from activist investor 3D Investment Partners and a report in the Japanese magazine Sentaku.
Square Enix denies it's going private following Japanese reports to the contrary
Square Enix has officially denied reports from Japanese magazine Sentaku suggesting the company is exploring going private. The publisher stated that no such consideration is currently being given. Speculation was fueled by major shareholder 3D Investment Partners' previous criticism of management and recent company restructuring, including layoffs and studio sales.
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.
Square Enix denies Sentaku report that it is going to take the company private
Square Enix has officially denied a report from Japanese magazine Sentaku claiming the company was planning to go private. The denial comes after the rumor caused Square Enix's stock to rise by 7 percent. The company stated that no consideration is currently being given to taking the company private, and it will remain publicly traded.
