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Monday, December 08, 2003

Sammy Acquires 22.4% of Sega 

Following failed merger talks, it seems like gambling Giant Sammy has made a bid to acquire 22.4% of Sega shares. The former parent CSK sold it's shares to Sammy, Japan's largest pachinko machine maker. Sega just managed to rebuff ERTS and MSFT as suitors in a determined effort to remain independent, but it seems their effort has failed. It'll be interesting to see what Sammy does to Sega's lesser known Vegas machines (Royal Derby, Blackjack, Royal Ascot, Bingo Party, and Roulette Club) then what it will do to their videogame division.

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