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Konami Buys into Hudson Soft

Konami is spending $40 million to acquire a 38 percent stake in Hudson Soft.
The transaction, which will make Konami Hudson Soft’s single largest shareholder, is designed to help offset increasing development costs. Konami also hopes to use its stake in Hudson to diversify its product offerings and increase its market share. Konami will increase its holdings in Hudson to 45 percent in December.

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