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Mr Khan said:
Now is not the time for anyone to hitch their wagon to Sony's star, from a sheer financial perspective. Nintendo could end up with huge liabilities if Sony succumbs to its debt burden.

Also major strategic incompatibilities.


That's why I said partnership, not any type of merger. Nintendo has no part of Sony's debt, and never has to. They remain seperate financial entities. 

Like Panasonic is part of the Blu-Ray consortium, so is Sony. It's not like Panasonic has to assume Sony's financial troubles ... totally seperate. They just chose to partner together on a hardware/software format known as Blu-Ray for mutual benefit (and because no one wants VHS/Beta split ever again).