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NEWS: Square Enix Denies Considering, Receiving Offers to Sell Company




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MarshalBanana



Joined: 31 Aug 2014
Posts: 5521
PostPosted: Tue Apr 20, 2021 12:32 pm Reply with quote
I had no idea that Sony owned a part of Square Enix. Is that why they get timed exclusives.
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Ushio



Joined: 31 Jul 2005
Posts: 636
PostPosted: Tue Apr 20, 2021 2:21 pm Reply with quote
This is a typical boiler plate response till negotiations are finalised if Square Enix has a potential buyer.


Always remember the vast majority of aquisitions fall through and you hardly ever get any official response.
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TheCanipaEffect



Joined: 27 Apr 2017
Posts: 52
PostPosted: Tue Apr 20, 2021 5:08 pm Reply with quote
MarshalBanana wrote:
I had no idea that Sony owned a part of Square Enix. Is that why they get timed exclusives.


It's part of why the two companies are close, since Sony kinda bailed them out, but Sony sold their stock in 2014.
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NegativeZero



Joined: 21 Aug 2003
Posts: 94
Location: Melbourne, Australia
PostPosted: Tue Apr 20, 2021 5:37 pm Reply with quote
Surely the only company out there with the pockets to be able to snap up a company as big as Squenix and with the actual motivation to do it as well is Microsoft?
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Mr. slicer



Joined: 07 Aug 2014
Posts: 112
PostPosted: Tue Apr 20, 2021 5:57 pm Reply with quote
NegativeZero wrote:
Surely the only company out there with the pockets to be able to snap up a company as big as Squenix and with the actual motivation to do it as well is Microsoft?

I think a company such as Tencent might be able to pull something like this off as well.
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Lynx Raven Raide



Joined: 01 Nov 2017
Posts: 412
Location: Central Coast, AU
PostPosted: Tue Apr 20, 2021 8:58 pm Reply with quote
NegativeZero wrote:
Surely the only company out there with the pockets to be able to snap up a company as big as Squenix and with the actual motivation to do it as well is Microsoft?

Or Sony. Been there before, might go back again.

Never say never, but I doubt Squenix, if sold, would go to a company outside Japan
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AmpersandsUnited



Joined: 22 Mar 2012
Posts: 633
PostPosted: Tue Apr 20, 2021 11:09 pm Reply with quote
I'd rather Microsoft buy Square than Sony. Sony is easily the worst case scenario.
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Ushio



Joined: 31 Jul 2005
Posts: 636
PostPosted: Tue Apr 20, 2021 11:27 pm Reply with quote
NegativeZero wrote:
Surely the only company out there with the pockets to be able to snap up a company as big as Squenix and with the actual motivation to do it as well is Microsoft?



What? Square Enix has a market cap of less than $8 billion it's a minnow, Activision, EA, Sony, Nintendo and Take Two could all buy Square easily with cash or an all stock transaction.

Sony is willing to spend over $1billion for Crunchyroll which is just a niche streamer there is a lot of money out there.
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