Apple to aquire Sony? Oh please dont make me puke!!!

[damndl0ser]

foxtail said:

damndl0ser said

Microsoft could have easily taken over Nintendo at the time, It had nothing to do with the size of Nintendo, but rather the amount of stock available to the public.  Nintendo is a publicly traded company but from my understanding there isn't enough of the stock available to the public for MS to gain control.  Meaning the best MS could do is 49% or less, or whatever percentage of stock that was available.  Which is why Nintendo hasn't been gobbled up by some conglomerate years and years ago (SNES era etc..).   Thats why MS offered this blank check to Iwata, instead of just taking the company over via hostile takeover.

MS tried to aquire Ninendo back when Hiroshi Yamauchi was president of Nintendo, before the Xbox.  Yamauchi  didn't want to sell and is still the majority shareholder of Nintendo.  Since the release of the Wii he has become the richest man in Japan.

My point still holds true, their simply wasn't enough shares for MS to buy in order to bcome majority shareholder.  Just the name was wrong.  But I did read somewhere that Iwata was offered a blank check.  So maybe Iwata is his goto man?