Will Sega be taken over?
For several weeks there has been a rumor that the Dreamcast manufacturer Sega will be taken over by its competitor Nintendo. According to the 'New York Times', the company leaders have been in negotiations for several months, which has since been denied by a Sega spokesman.
In addition, the 'New York Times' claims that the Sega boss has been in business for a long time is looking for a buyer for his troubled company and is also connected to Microsoft. Sega has already revised downwards its expectations for the 2000/2001 financial year several times this year. A loss of 378 million marks is currently assumed - six weeks ago a loss of 350 million marks was expected.