Sony Board Shift Prompts Incredible Takeover Talk
Stringer appointment starts speculation frenzy.
Following yesterday’s surprise news that Sony intend to replace Nobuyuki Idei with Howard Stringer - a move expected to be confirmed at Sony’s AGM in June - talk of a takeover of the electronics giant has been triggered in the financial press.
As incredible as it sounds, various financial analysts and several of Sony’s competitors speaking off the record, believe that Stringer’s possible appointment - the first non-Japanese touted for the head role at Sony - is paving the way to make the firm more buy-out friendly.
"Incredible though this may seem, these events put Sony in play. I am sure there will be plenty of people considering this over the next few days," stated a senior Hong Kong-based investment banker yesterday to the Financial Times.
Let us and the whole wide world know your thoughts in our forums.
As incredible as it sounds, various financial analysts and several of Sony’s competitors speaking off the record, believe that Stringer’s possible appointment - the first non-Japanese touted for the head role at Sony - is paving the way to make the firm more buy-out friendly.
"Incredible though this may seem, these events put Sony in play. I am sure there will be plenty of people considering this over the next few days," stated a senior Hong Kong-based investment banker yesterday to the Financial Times.
Let us and the whole wide world know your thoughts in our forums.
Companies:
Sony
Read More Like This
Comments
Ditto 8 Mar 2005 12:32
1/3
It's an interesting suggestion. Can you name the competitors? I can't think of anyone, except Microsoft, that could afford to buy Sony.
Also, why would Sony's shareholders allow takeover of their market leader in almost all areas by an obviously weaker business?
Also, why would Sony's shareholders allow takeover of their market leader in almost all areas by an obviously weaker business?
Coxy 8 Mar 2005 13:21
2/3
Are we not we just jumping to conclusions, i mean all thats happened is that sony have appointed stringer (a fellow welshman-Go Wales!!) to help out the company, this doesnt mean Sony are going to be taken over.
(Even if they are taken over in the near future, i hope it wont be by microsoft, that would be a dark day in the games industry, i hope they would be taken by nintendo or something)
(Even if they are taken over in the near future, i hope it wont be by microsoft, that would be a dark day in the games industry, i hope they would be taken by nintendo or something)
Coxy 8 Mar 2005 13:23
3/3
if Sony are taken over what will happen to the cell processor? will toshiba and ibm go through with it?
