Square Enix has confirmed it has approached Tecmo’s board to make a friendly takeover – and it’s doing it for the good of Japan, by the sound of the official spiel. The JPY 22.3 billion (USD 205 million) offer comes off the back of Itagaki’s departure and president Yoshimi Yashuda’s resignation, which Square Enix believes [...]

Industry giant and evil overlord Electronic Arts reported this morning that it had finished its wheeling and dealing with the Federal Trade Commission concerning the takeover of Take Two Interactive. In its regulatory filing, EA said it would not go through with the previously offered $2 billion deal (because Take Two rejected it), and would [...]