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Locked: RUMOR: Sony in discussions to aquire Take-Two Interactive

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Since notch was an indie dev that asked for 2 billion more I'd ask for 8 billion more SInce im AAA Also sony gonna have to pay every employee good Don't know how many employees tt has probably more than bungie?



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twintail said:
Dgc1808 said:
Why does everyone keep saying that Sony doesn't have the cash for this?

https://finance.yahoo.com/quote/SNE/balance-sheet?p=SNE

1,586,329,000,000 JPY = 14,191,274,000 USD in cash.

A portion of the cost would also just be financed and added to long-term debt. Sony could definitely by TTwo for $14B.

Because they wont sell for what they are worth, but above value?

Likewise its not just about the costs involved in the buying T2. There are still costs for 15 studios around the world, 4000+ employees, continued development and marketing of whatever is currently in development. And they still need their money for their own Sony initiatives.

There's still a lot of other things involved that making a single transaction of this size requires a lot of planning and thought to get right. And considering where Sony was pre PS4, I doubt they are ready to just dump money.

The price in the OP is already at an over 30% premium on what they're worth.

Once purchased, this new asset would fund it's own operations like it always has and more efficiently than before. Many new cost reduction synergies would be realized. Not having to pay a royalty on a PS4 game is one that immediately comes to mind. Also, of course Sony wouldn't spend every single dollar it had in the transaction, a portion of the sale would be financed through debt. This is common. Just last year, AT&T bought TimeWarner for $85B while had around $50B in cash on the balance sheet (a lot of which was added in advance through debt in prep for the purchase). The next reporting period, cash went down to $5B and the excess was added to long-term debt. Rarely are major cash acquisitions on this level completely covered by cash.

Not really talking about any of that. Just on the actual ability of Sony to handle a $14B purchase.



4 ≈ One

Can someone find Minecraft Premium price before notch sold it for 2.5 billion?



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lightningfunk said:
Mar1217 said:

Your talking about Total revenue buddy. Operating Income is more important in this case and it is nowhere near that number.

But as someone else said, if you ain't no accountant to Sony, don't try to guess it. (not even mentionning insiders or people swimming in financial data like ZhugeEX/Benji who already disclaimed the impossibility of it happening cuz Sony doesn't have the cash on hands to make the deal)

Sony made $5billion in Net Income which is more important than Operating Income.They made $7billion in Operating income.

I'm not talking about revenue.Sony doesn't have so low of revenue.They had $76billion of revenue last year.

 

Also you don't have to be an accountant at Sony.Sony is a public company and has to disclose all its financial data.

There is no company going to nuke their cash reserve to make an enormous purchase like this.  Forget about the assets in Billions, that is for buildings, headquarters, Company systems things like that.  Sony isn't selling crap to make purchases of this type either.  Lets leave Revenue out of the equation as that would not determine Sony purchasing power.  If Sony is going to do a cash payout it will be with their reserve cash.  The thing is 14BN probably isn't the price T2 is willing to sell at.  It could be easily the price Sony threw out there.  There is no reason for T2 to sell at such a low bid on their market cap.  If Sony cash reserve is 28, you can believe T2 would be looking to get as much as possible especially if they are not up for Sale.



Another thread with people making claims completely out of what business work at.



duduspace11 "Well, since we are estimating costs, Pokemon Red/Blue did cost Nintendo about $50m to make back in 1996"

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Mr Puggsly: "Hehe, I said good profit. You said big profit. Frankly, not losing money is what I meant by good. Don't get hung up on semantics"

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shikamaru317 said:
Eagle367 said:
I don't want all DC games tied to Sony after they already have rights over Spiderman. I want my damn DC games on my platform of choice, the switch

Warner Bros Interactive Entertainment has the DC rights, not Take-Two Interactive. 

Oh right sorry I was thinking of rocksteady instead of rockstar. I'm an idiot



Just a guy who doesn't want to be bored. Also

Seems unlikely because its unnecessary. I mean its a huge purchase for more dominance in the console market.

But Sony pretty much is all about PlayStation at this point. So its not crazy to believe they would want to grow their market share.

You would think MS could more easily make this purchase, assuming its possible.



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Mr Puggsly said:

Seems unlikely because its unnecessary. I mean its a huge purchase for more dominance in the console market.

But Sony pretty much is all about PlayStation at this point. So its not crazy to believe they would want to grow their market share.

You would think MS could more easily make this purchase, assuming its possible.

I believe if MS smelled something like this was in the works they would check the waters just to see if there is any validity to the claim.  Yes, MS could easily counter any offer Sony could make money wise or make it so that Sony has to pay so much it would turn out improbably.  The thing is T2 has no reason to take a bid like that from Sony and not see if MS would pay more.  If we are talking money deals, then why not shop that price around and get the maximum.  No matter if its MS or Sony, next gen things pretty much start again.



Machiavellian said:
Mr Puggsly said:

Seems unlikely because its unnecessary. I mean its a huge purchase for more dominance in the console market.

But Sony pretty much is all about PlayStation at this point. So its not crazy to believe they would want to grow their market share.

You would think MS could more easily make this purchase, assuming its possible.

I believe if MS smelled something like this was in the works they would check the waters just to see if there is any validity to the claim.  Yes, MS could easily counter any offer Sony could make money wise or make it so that Sony has to pay so much it would turn out improbably.  The thing is T2 has no reason to take a bid like that from Sony and not see if MS would pay more.  If we are talking money deals, then why not shop that price around and get the maximum.  No matter if its MS or Sony, next gen things pretty much start again.

And if not the rumor how exactly would MS smell it?



duduspace11 "Well, since we are estimating costs, Pokemon Red/Blue did cost Nintendo about $50m to make back in 1996"

http://gamrconnect.vgchartz.com/post.php?id=8808363

Mr Puggsly: "Hehe, I said good profit. You said big profit. Frankly, not losing money is what I meant by good. Don't get hung up on semantics"

http://gamrconnect.vgchartz.com/post.php?id=9008994

Machiavellian said:
Mr Puggsly said:

Seems unlikely because its unnecessary. I mean its a huge purchase for more dominance in the console market.

But Sony pretty much is all about PlayStation at this point. So its not crazy to believe they would want to grow their market share.

You would think MS could more easily make this purchase, assuming its possible.

I believe if MS smelled something like this was in the works they would check the waters just to see if there is any validity to the claim.  Yes, MS could easily counter any offer Sony could make money wise or make it so that Sony has to pay so much it would turn out improbably.  The thing is T2 has no reason to take a bid like that from Sony and not see if MS would pay more.  If we are talking money deals, then why not shop that price around and get the maximum.  No matter if its MS or Sony, next gen things pretty much start again.

If Take Two was thinking or open to selling, whatever the reason, and SNY had stepped up already and made a decent offer, it could be a situation where they make it clear the deal happens soon between them or not at all. If SNY get's wind that Take Two is shopping then the deals off. With how SNY can be sometimes, this wouldn't really be anything out of the norm. You see this happen all the time on shows like Shark Tank or Dragons Den where the big shot investors/purchasers do this because they don't want to get into a bidding war. If MS doesn't want to buy Take Two in general, or doesn't want to spend that kind of money right now, then Take Two would be in a tougher spot. Considering this all comes after MS has spent a bunch of money on multiple smaller studios, it wouldn't be crazy to think it was smart strategy by SNY the entire time. That's not to say MS couldn't find $20 large to outbid SNY, but the likelihood of that after the moves MS has already made is much more improbable. Then again, it all may be bogus to begin with.

Last edited by EricHiggin - on 17 March 2019

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