Microsoft seriously considered acquiring Sega and Bungie to

Other studios, including IO Interactive and Zynga, were also on Xbox's watchlist.

Analyst Claims Sony is 'Under Pressure' to React to Microsoft Acquiring Activision Blizzard

Sega Dismisses Rumours Surrounding Microsoft Deal – channelnews

Microsoft internal documents reportedly show it considered buying Sega, Bungie

Sega says it's not open to acquisition talks following Microsoft interest

New Microsoft Vs FTC Court Documents Show That Xbox Really Wanted To Acquire SEGA

Microsoft eyeing up Konami and Sega acquisitions to possibly invigorate waning Xbox console sales in Japan - News

SEGA and Bungie Were On Microsoft's Shopping List in 2020, Xbox Emails Show

Microsoft considered buying Sega, Bungie, and more studios for Xbox

The Verge] Microsoft considered acquiring Bungie and Sega (and more) to bolster Xbox Game Pass, internal emails show, Page 13

Sega is not open to acquisitions, following speculation around Microsoft bid

Microsoft Planned to Conquer Japan with Square Enix Buyout, Eye-Opening Documents Reveal

Microsoft Considered Buying Sega, Niantic, And Bungie To Bolster Game Pass And Mobile Business - GameSpot

Xbox: Phil Spencer Wishes Microsoft Had Kept Bungie

Sony Might Acquire SEGA, Capcom, Square Enix, and From Software. : r/MediaMergers