By no means am I saying that you're wrong.

Thats a worrying thought. I dont think nintendo would know what to do with the more mature IPs sony has and the more mature-oriented sony studios.

Nintendo didn't buy Atlus when they had the chance. They let Sega buy it. Considering Nintendo sort of spawned Playstation I think they would be the last to buy it and or be sold to, assuming Playstation would only be sold to a Japanese Company. Its more likely that Playstation would go down with the Ship as its pretty integrated into Sony.

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If any of the big 3 bought one of the other three they would have complete dominance over the console market.

Doesn't matter. A year later Nintendo would've run this division down too. It can't even handle its own divisions now.

What would happen if Nintendo bought these threads?! :o Or if LJN bought Microsoft.... or If Iwata bought a subway sandwich! The thread possibilities are endless.

Then we'd never see those IPs again. I mean seriously, if a game isnt Mario, Pokemon, or Zelda, then Nintendo doesnt give a shit about it. Havent seen many new F-Zero, Starfox, or Metroid (and many more) games in years

I think MS or Sony buying out Nintendo is more likely than Nintendo buying out the either PlayStation or Xbox.