DirtyP2002 said:
Well it did stop them before. Sony biggest acquisition was Columbia Pictures for 3.2 billion in 1989. https://en.wikipedia.org/wiki/List_of_acquisitions_by_Sony_Corporation You see how HUGE that would be for Sony? And compare that to MS and TikTok for rumored 42bn (which never happened though) or LinkedIn for 20bn... |
Sony had a lot of money in the 80s of course. 3.2b in 1989 is like 6.5b+ today.
But I am looking at more recent things.
In 2012 Sony was in the middle of financial difficulties. They still made 5 purchases, including 1.88b (2.12b 2020) known from that list. As well as 2.47b (2.79b) in stakes.
Cash on hand 15.6b vs 10.8b debt.
It is 2020 now
Cash on hand 33b vs 8.9b debt.
https://www.macrotrends.net/stocks/charts/SNE/sony/cash-on-hand
I don't think a 7b purchase is outside the realm of possibility, though I think Konami definitely is.
Last edited by Farsala - on 22 September 2020
