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Forums - Gaming Discussion - Saudi Prince now owns SNK, goodbye KOF and other franchises :(

This is why Microsoft needs to finalize activision and Sony finalizes Bungie , imagine if crown prince bought Bungie or Konami? before Sony? or Tencent getting Konami?

SNK Corporation, the developer of games like Metal Slug and Fatal Fury, is now nearly entirely owned by a subsidiary of the Saudi crown prince’s foundation. Electronic Gaming Development Company (EGDC), which is owned by the Mohammed bin Salman Foundation (MiSK Foundation), holds 96.18 percent of SNK’s shares, according to a February 15th filing on SNK’s website

https://www.snk-corp.co.jp/kr/ir/wp-content/uploads/2022/02/Results_of_Tender_Offer_Korea_220210_English-2.pdf

https://www.theverge.com/2022/4/5/23011757/snk-corporation-mohammed-bin-salman-misk-foundation



Cute and honest Sega Saturn fan, also noone should buy Sega grrrr, Sega for life.

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Remember when this guy put 1 Billion on capcom, someone needs to tell japanese devs to not let the saudi prince buy their shares. UGH.

Last edited by SegaHeart - on 07 April 2022

Cute and honest Sega Saturn fan, also noone should buy Sega grrrr, Sega for life.

That Saudi prince is probably after Sega as well.



Jpcc86 said:

That Saudi prince is probably after Sega as well.

Hope not .



Cute and honest Sega Saturn fan, also noone should buy Sega grrrr, Sega for life.

ignore

Last edited by SegaHeart - on 06 April 2022

Cute and honest Sega Saturn fan, also noone should buy Sega grrrr, Sega for life.

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Jpcc86 said:

That Saudi prince is probably after Sega as well.

I thought I heard a rumour about that recently now that you mention it... 



ironmanDX said:
Jpcc86 said:

That Saudi prince is probably after Sega as well.

I thought I heard a rumour about that recently now that you mention it... 

Last edited by SegaHeart - on 06 April 2022

Cute and honest Sega Saturn fan, also noone should buy Sega grrrr, Sega for life.

And here we were worried about Chinese companies like NetEase and especially Tencent taking over the gaming industry.

How is he able to purchase a publicly traded Japanese gaming company though?



I'm on thin Ice, But I want the prince just stop buying more japanese developers.

Last edited by SegaHeart - on 07 April 2022

Cute and honest Sega Saturn fan, also noone should buy Sega grrrr, Sega for life.

This is my japanese developers chart acquisition wants

Sony gets Konami/Capcom/Square Enix/Namco Bandai/Fromsoftware

Microsoft gets Koei tecmo and to some etent Sega if the prince pulls another move on capcom? or a square enix?



Cute and honest Sega Saturn fan, also noone should buy Sega grrrr, Sega for life.