SpokenTruth said:
That's exactly what I'm telling you. Even if you could consoldiate enough shares to own a controlling or majority interest (good frikkin luck no matter who is buying), the cost would exceed $30 billion. Sony only has $8.752 billion in cash and cash equivalents. Further, their credit rating is Junk Status (that's the official term, by the way) meaning they would get charged a massive interest rate to borrow the remaining funds to cover the sale. A rate that Sony's own investors would not be willing to pay and in truth they'd never get approved for that size of a loan anyway. |
Wow so only the giants like Google, Apple or Microsoft could buy them. Which sucks because neither three are good at the gaming market imo.
