Sammy Acquire SEGA Shares News
Chris Leyton
08/12/2003
Sammy Corporation announce that they have become a majority shareholder in SEGA corporation…
Sammy Holding Company, Inc. today confirmed that parent company Sammy Corporation, has acquired the shares of SEGA Corporation held by CSK Corporation, as had previously been planned earlier in the year.
The investment gives Sammy Corp a majority stake of 22.4% in SEGA Corp, granting the Pachinko manufacturer a priority in all future decisions undertaken at SEGA.
Sammy Corp sees the opportunity to diversify its global entertainment holdings, whilst aiming to solidify its relationship with SEGA. However having recently seen SEGAâs impressive return to form, weâre hoping this wonât throw a spanner in the Japanese publisher resurgence.
Weâll have more information soon.