Square Enix Consumes Taito
 September 23rd, 2005 (12:05pm) - Square Enix has revealed they’ve successfully acquired Taito. Square Enix initially hoped to buy at least 67 percent of Taito’s stock (247,900 shares), but in the end was able to get their hands on 93.7 percent (346,689 shares). Taito will become a wholly owned subsidiary of Square Enix September 28.
Square Enix’s purchase of Taito’s 93.7 percent share is estimated to cost 62.79 billion yen ($564.74 million).
Reported by Anthony Swinnich on September 23rd, 2005 (12:05pm) [From: Gamespot]
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