Square Enix Denies Going Private After Rumors

Square Enix stated it is not considering a private buyout. Japanese media reports prompted the speculation, which drove shares higher before the company issued a denial. GameSpot reported that shares jumped on the rumors but the company said the transaction is not happening. Eurogamer and IGN noted Square Enix confirmed no consideration is currently being given to going private. The publisher of Final Fantasy and Kingdom Hearts addressed the claims directly in statements covered by the outlets.