What happend to the "Sony is going to buy Rockstar" rumor?

[Solid_Snake4RD]

jarrod said:

Solid_Snake4RD said:

Globox said:
Maybe it was pure rumour = BS or maybe there was something to it, maybe there were discusions behind closed doors but it was probably too expensive for Sony. Sony doesn't need rest of 2K they probably wanted Rockstar north (GTA makers). Let's not forget EA was offering 2.1 billion usd to take over 2K, they refused. I don't see Sony spending 2 billion of 2K, not somethingSony does, especialy now when they have been losing money on PS3 for such a long time.
MS could do it, so could Nintendo since they roll in money.
Probably just a rumour.

Sony has alot of money.alot more than Nintendo.

Actually, they don't.  Sony Corp overall has more total assets (and they could definitely leverage enough to buy T2) but Nintendo actually has more in liquid assets and cash reserves (ie: money).  When you consider that Sony is many, many times larger than Nintendo (180,000 employees to 4,000 employees) that's pretty staggering actually.

u really think they would tell us how much cash reserves they have.they keep that a secret.a company that invented portable music,tv,radio,and every succesfull disc format wouldn't have good cash reserves.they didn't survive PS3's big loses for nothing.

I know Nintendo has alot of liquid assets but not more that around $10-20b maximum.Sony would definately dwarf them.