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Issue Date: Vol. 43, No. 4 / April 25, 2003 - May 24, 2003 , Posted On: 5/6/2003


Sega Reportedly Ops For Sammy Merger

TOKYO -- (Posted May 6) Sega Corp. has decided to merge with cash-rich Sammy Corp. after all, Japan's Kyodo news service has reported. Recent speculation had become widespread that Sega would instead accept a merger bid from rival video game manufacturer Namco Ltd. News of the merger hit Japanese media late Friday and was picked up Saturday in the U.S. by Bloomberg News. The report has not been officially confirmed or denied by Sega, but well-placed sources have leaked word that Sega will complete its audit of Sammy's books this week and may announce the merger ahead of the planned May 9 board vote on the question. A merger with Sammy is seen as giving Sega and its largest shareholder, information technology conglomerate CSK Corp., the surest return to financial strength.


Topic: Ahead of the Times: Music and Games

Articles:
  • NOVEMBER 20, 2006: Stories from the November, 2006, Ahead of the Times (Music & Games edition) email news dispatch…
  • NOVEMEMBER 13, 2006: Stories from the Ahead of the Times (Music & Games edition) email news dispatch…
  • AUGUST 17 NEWS: Raw Thrills, Play Mechanix Merge; Florida Jury Approves Adult Redemption; Merit Organizes Raids; AAMA President Forecast
  • AUGUST 14, 2006: Illinois To Pay Court Costs To Home Video Game Industry; Verdict Expected Today In Florida Gaming Arcades Trial; ICMOA Broadband Seminar; Target To Sell Mini-Jukebox; VNEA Charter Holders Workshop
  • JUNE 5, 2006: Lower CD Rates Possible In Future, Says AMOA Official; Global VR Finalizes UltraCade Purchase; Photo-Me Inc. Acknowledges Potential Suitor; Stinger Report Moves To Free Subscription Model; Downloading Jukes Make Wall Street Journal, Again

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