Bandai and Namco Merge
by Rainier on May 2, 2005 @ 2:01 a.m. PDT | Filed under News
Power Rangers creator Bandai Co. agreed to buy Pac-Man designer Namco Ltd. for about $1.7 billion (175.3 billion yen) in cash and stock to create Japan's second-biggest toy and video-game software maker. Both companies will merge Sept. 29 and be henceforth known as Namco Bandai Holdings Inc., and be led by Bandai President Takeo Takasu and Namco Vice Chairman Kyushiro Takagi.
