The Tecmo Board of Directors has until September 4th to approve the offer, which includes offering to purchase a controlling interest in Tecmo by purchasing shares in that company at 30 percent premium. If Tecmo accepts the offer, they will fall under Square Enix. Regarding the Tecmo brand, Wada stated: "To either be affiliated and losing the brand or possibly merging with Taito, that's the big difference." Square Enix acquired Taito in 2005.