psosaladwood writes, "Sega has made an official statement in regards to the buyout rumor circulating in many major news sources. According to www.gamesradar.com:
"[Sega] has officially denied that such as deal exists.
Sega president Hideki Sato has flatly denied that EA have approached Sega - although he has yet to respond to the other long-running rumour that Microsoft are interesting in snapping up the struggling developers."
You can read the full article here. "