Hi people. Just letting you know something i found rather interesting.
I subscribe to Sega World Weekly e-mails and on this one they mention something about M$ buying out Sega.
Here's what it said...
Microsoft Buys Out Sega?
Just as this issue began sending, we recieved news about
Sega's shares rising. This could just be a rumor, but the
news is posted below. Keep an eye online for further news.
Sega shares rose as much as 17 percent on speculation
Microsoft Corp., the world's largest computer software
maker, may buy out the Tokyo-based company, investors said.
Sega spokesman Hiroyuki Soga said he hadn't heard Microsoft
plans to buy out the video-game developer. Microsoft Japan
spokesman Kazushi Okabe said it he is not aware of any
plans.
Sega shares rose as much as 200 yen, or the exchange-
imposed limit, to 1,385 yen in afternoon trading and ended
134 yen, or 11.3 percent higher, at the 3 p.m. market
close.
"Sega's moving on the rumor that Microsoft may be the buyer
of the cross-shareholding with CSK," said Toshio Ogawa, a
manager at Izumi Securities Co. "There is a slight
possibility of this, but it's more that investors are using
this rumor to buy back their shares."
"CSK Corp. is Sega's largest shareholder with about 22.4
percent of the game developer's stock," according to
Bloomberg Data.
http://www.segaworldweekly.com/
I subscribe to Sega World Weekly e-mails and on this one they mention something about M$ buying out Sega.
Here's what it said...
Microsoft Buys Out Sega?
Just as this issue began sending, we recieved news about
Sega's shares rising. This could just be a rumor, but the
news is posted below. Keep an eye online for further news.
Sega shares rose as much as 17 percent on speculation
Microsoft Corp., the world's largest computer software
maker, may buy out the Tokyo-based company, investors said.
Sega spokesman Hiroyuki Soga said he hadn't heard Microsoft
plans to buy out the video-game developer. Microsoft Japan
spokesman Kazushi Okabe said it he is not aware of any
plans.
Sega shares rose as much as 200 yen, or the exchange-
imposed limit, to 1,385 yen in afternoon trading and ended
134 yen, or 11.3 percent higher, at the 3 p.m. market
close.
"Sega's moving on the rumor that Microsoft may be the buyer
of the cross-shareholding with CSK," said Toshio Ogawa, a
manager at Izumi Securities Co. "There is a slight
possibility of this, but it's more that investors are using
this rumor to buy back their shares."
"CSK Corp. is Sega's largest shareholder with about 22.4
percent of the game developer's stock," according to
Bloomberg Data.
http://www.segaworldweekly.com/