Lol is that why SEGA dropped from consoles and is getting sold out?

^or going bankrupt/out of business

I think there's a much higher cance microsoft would buy sega than nintendo, both because of the money, and ofcourse they have a history of buying companies to get on top of the world.

MS will buy them. 360 = Dreamcast confirmed!

(I kid, I kid)

Microsoft stand the most to gain from buying them and can out gun both Nintendo and Sony money-wise.

@PooperScooper- No, Sega did fuck themselves up, but not from a lack of good games/IPs.

 But Sega (mostly it's shareholders) get to choose if they accept an offer and from whom they accept that offer. Hostile or friendly.

There are multiple reasons why one can assume that they will refuse an offer from Microsoft and accept the same from Nintendo.

1) They already refused an offer from Microsoft once.

2) They wanted Nintendo to take 'em over at some point.

3) They have a really good relationship with Nintendo (Mario and Sonic at the olympics, Nights on Wii are the results from that strong friendship).

4) Microsoft represents America in the Gaming world. Japan is a very protective country and their citizens think highly of their own people. As such, being taken over by Nintendo would be more 'worthy' for them as opposed to a hostile takeover from Microsoft. 

I know. I'm just saying that MS would gain a lot more than Sony or Nintendo. Sony will not be interested and Nintendo games are far higher quality and sales than Sega's anyway. Sega don't have any 'major' franchises that sell millions worldwide. They are a niche company.

Nobody hs mentioned this yet but it doesn't have to be a console manufacturer who takes over Sega. Two companies that I would like to see take an interest in Sega are Konami and Square Enix. In Both takeover cases both companies would benefit greatly. I believe Square Enix has wanted to go and make more western games which Sega has been focusing on. They would also get the rights to some great RPG series that Sega has stopped focusing on. Konami would also benefit greatly with the rights to the games that Sega owns. Both companies mentioned would also gain an increadible marketshare of the software buisness for videogames. this could possibly mean that they could be more demanding towards Sony, Microsoft, and Nintendo.

There doesn't even have to be guns, minus Knuckles's. Just make a 3D Sonic game but with as good of a camera as in R&C and it would be perfect.