And why it most definitely isn't going to happen...
Feydaikin
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I think MS expressed interest in the idea. But I doubt even they saw it as an actual possibility.

Thats exactly it. I think it was Phil Spencer who said he’d want Microsoft to buy Valve if the chance came up. In the same sentence he said he would buy Nintendo, too. In the same way a Gen Z’er might say “I’d like to buy a house someday.”

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