starcraft said:
If you'd read my post Diomedes, you would have realised that over 77% of SE's shares are in the hands of individual investors, financial institutions and foreign companies, who would gladly sell if offered a high enough price. Sony's share is under 9%, and unlike Microsoft, they cant afford to purchase a much greater share of the company. |
Each share may cost ,say ,30 dollars .But ,those shares bring money to the share holder each year .So ,for the share holder to sell this share supposes not only the 30 dollars he spent on it but to lose forever the annual income the share offered .Thats why your analogy is flawed .Buying Square would be more costly .Of course ,there is always a determinate amount of money when the share holder says " of course this is more money the share is worth and would give me in 50 years !" and accedes to sell .
But things are more complicated .Some of these individual investors and financial institutions who have the shares are represented in the direction of the company .Their job is there .Selling the company to a foreign company may signify the demise of Square Enix ,specially if Xbox continued to sell poorly there .From a economic standpoint even if the money offered is more than the actual worth of the shares the direction can refuse to sell its shares because they know what it would imply .The company could still exist under MS wing but with its brand name and value totally destroyed and without the liberty to take another direction if they wish .Fortunately not everything in this world can be bought by money .
