Maybe. Shares suspended trading, so speculation is running wild.
From Magicbox:
Nihon Keizai reported that Bandai and Namco is considering to merge in Japan, to create Japan's 2nd biggest toy and video-game maker. Bandai's spokeswoman Akiko Taue said the company is currently in discussions with Namco regarding to the merge. Shares of Bandai and Namco were suspended from trading in Tokyo.
From Magicbox:
Nihon Keizai reported that Bandai and Namco is considering to merge in Japan, to create Japan's 2nd biggest toy and video-game maker. Bandai's spokeswoman Akiko Taue said the company is currently in discussions with Namco regarding to the merge. Shares of Bandai and Namco were suspended from trading in Tokyo.