Monday, November 14, 2005
Video game company buys majority interest in New Japan
Asahi.com is reporting that video game Yukes has purchased majority interest in New Japan Pro Wrestling. The purchased 51.5% of the company from Antonio Inoki. Simon Inoki said that Antonio forced to sell his shares of New Japan or face a hostile takeover. In other words, he would have been kicked out of the company. New Japan will be a subsidiary of Yukes and the corporate structure will be revealed shortly but it looks like Simon Inoki will still be involved with the company.