November 26, 2002 10:58 AM PST

Japanese game developers to merge

Japanese game developer Square, creator of the popular "Final Fantasy" series of role-playing games, announced Tuesday that it plans to merge with Enix, another Japanese game publisher also known for role-playing games. Enix will acquire Square in a stock swap, exchanging a four-fifths share of its stock for each share of Square. The merged company will be known as Square Enix.

 

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