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  Sega to Merge with Sammy
Time: 10:10 EST/15:10 GMT | News Source: TeamXbox.com | Posted By: Anthony Darr

Sega today announced it would merge with 'pachinko' game machine maker Sammy Corp. and it cut its 2002/03 profit forecast by 90 percent. The merger, scheduled for October, means that Sega has abandoned plans to restructure on its own and has turned for help to financially sound Sammy, Japan's largest maker of pachinko pinball-style machines.

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