Will Microsoft buy 22% in Sega?

[xboxtito]

Rumors are daily live in the Game Industry, the latest rumor is that CSK wants to sell their 22% of Sega. Since this rumor is born the stock in Sega did raise more than 11%. And it's not strange that Microsoft would buy the 22%, they just bought Rare and before that they bought Bungie, makers of Halo and we can expect early next year a brand new game from Rare. With this move Microsoft will own 1/4 of Sega which makes sure that we will see more games coming from Sega to the Xbox. As this rumor goes around we will keep you informed on any news on this subject.

more on the rumors

Shares of Sega gained more than 17 percent on Friday after rumors reemerged regarding a possible Microsoft buyout. While speculation of a sale has existed since last spring, the rumor was given renewed credibility this week following Sega's disclosure regarding downgraded financial projections and the revelation of a merger between Japanese developer Square and Enix. However, when asked about the possibility of a sale, Sega spokesperson Hiroyuki Soga said “There are no plans for a sale that I've heard.” To put things into perspective, Japanese investment analyst Toshio Ogawa of the firm Izumi Securities explained, “Sega's moving on the rumor that Microsoft may be the buyer of CSK's stake in the company. There is a slight possibility of this, but it's more likely that investors are using this rumor to buy back their shares.” For reference, Japanese software company CSK owns an estimated 22 percent of Sega.