In what has become a rather facinating process to watch, the impending merger between Sega and Sammy has been called off, as the two companies failed to meet on a couple of key terms.
Other names have popped up as being interested in merging with Sega in recent weeks, with Namco and EA being two major names. Recent rumors point to Microsoft having an interest in acquiring the company as well.
We'll have more information as we receive it.