Square Enix Denies Reports of Potential Acquisition

[Tsing]

Image: Square Enix



Finance outlet CTFN shared a story about Square Enix yesterday that suggested the popular publisher behind hit franchises such as Final Fantasy, Dragon Quest, and Tomb Raider was being targeted by potential buyers who were interested in acquiring the company. Square Enix denied those rumors in a statement published today, claiming that it didn’t receive any offers and had no interest in selling its businesses to another party. The company’s share prices rose 12 percent today thanks to the rumor.



Square Enix here in Japan just reacted officially, shooting down the rumor: https://t.co/HIzftxthGR https://t.co/jrwy2mbgHn pic.twitter.com/envQ33gIKO— Dr. Serkan Toto / Kantan Games Inc. (@serkantoto)...

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[Grimlakin]

They are profitable, have the funds to grow and continue to profit organically and manage their customer relationships pretty **** well. No need for them to even consider an offer to sell unless some owners are looking to cash out.