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SONY
Acquired
The Xenophobia of the Japanese Business in the Eighties
There's this incredible xenophobic even through the nineties, very anti japanese business mentality among americans. And it's honestly a little chilling to go back and watch some of these interviews that look like there in reasonably modern times. Tish post ones the sale for a while, comes back basically, marita is like, we're good for any price. They end up buying it for two billion dollars. That says a lot about the business environment of the eighties when people thought that five x earnings was a crazy price to pay.
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