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 Sammy buys 22% of Sega
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lotusson

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Sammy buys 22% of Sega - Dec 08, 2003 12:01
Yes Sammy the videogame slash pachinko maker.


TOKYO, Dec 8 (Reuters) - Japan' s Sammy Corp (6426.T: Quote, Profile, Research) paid 45 billion yen ($418 million) to acquire a 22.4 percent stake in video game maker Sega (7964.T: Quote, Profile, Research) from CSK (9737.T: Quote, Profile, Research) on Monday to strengthen its development of slot and pinball-type game machines.

Sega Corp shares closed at 1,025 yen on Monday and Sammy paid 13 percent more that -- 1,158 yen per share -- for 39.1 million shares in Sega. Sammy, Japan' s largest maker of pachinko pinball-style machines, said it may acquire more shares in Sega Corp, without specifying where from.

http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=3953018


But lets not forget.... http://ps2.ign.com/articles/386/386061p1.aspx

Sega and Sammy was supposed to merge 2 months ago.
HELLBENT

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RE: Sammy buys 22% of Sega - Dec 10, 2003 00:05
Is this a good thing or a bad one?
lotusson

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RE: Sammy buys 22% of Sega - Dec 10, 2003 03:09
In time, we shall all know.
immortaldanmx

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RE: Sammy buys 22% of Sega - Dec 10, 2003 12:55
Its good. Sega is having tough financial times and if this is what it takes to keep them around then so be it. Sega is the shizzle my nizzle....or somethin like that (self- what the hell did I just say?)
< Message edited by immortaldanmx -- 12/10/2003 12:55:45 PM >
Terry Bogard

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RE: Sammy buys 22% of Sega - Dec 11, 2003 14:01
Sega was actually making some money as of late. I personally don' t like the news at all. I would have MUCH MUCH MUCH preferred a Sega and Namco marriage!
immortaldanmx

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RE: Sammy buys 22% of Sega - Dec 12, 2003 12:36
Yeah, that would be great. I know sega has been doing well but it is a tough time in the industry at the moment.
Adam Doree

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RE: Sammy buys 22% of Sega - Dec 12, 2003 12:50
This is a bad thing. It' s also definitely happenening, in fact already happened. On Feb 17 2004 there will be a shareholders meeting, the chances are we won' t like the results.

It will be a dark day on February 17. Which is also my birthday and the birthday of Kikizo. Double thanks for nothing Sammy, you crappy logo-ed Pachinko sluts.
Terry Bogard

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RE: Sammy buys 22% of Sega - Dec 12, 2003 15:47
Too bad Namco doesn' t outbid them quickly, lol..
Rampage99

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RE: Sammy buys 22% of Sega - Dec 13, 2003 03:34
They are going to destroy Sega! They want them to freakin switch completely to arcades. Nobody outside of Japan really puts a major amount of time in arcades anymore
immortaldanmx

  • Total Posts : 2966
  • Joined: Nov 13, 2003
  • Location: Virginia, USA
RE: Sammy buys 22% of Sega - Jan 08, 2004 13:03
True. The last time I went to an arcade was on vacation. In fact, thats the only time I go to arcades.

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