Apparently, Microsoft considered or is still considering buying out Sony http://www.bonafidereviews.com/article.php?id=148
About the pride issue-Icahn's takeover attempt should be a boost to Korea's pride in Samsung. The article makes it sounds like the takeover is good for Samsung. Foreign investors already own almost half so having an American majority shareholder wouldn't be a drastic change. If Icahn is a smart businessman (and he has a reputation for being one) he will leave much of the management of the company in Korean hands, since Samsung knows Korean expertise is a vital part of their success.
Also, Icahn doesn't try to buy out failing companies. He buys out companies that he thinks aren't exploiting their full potential. So Samsung should regard the takeover attempt as both a compliment and a insult- a compliment to the companies' capabilities but an insult to the company's efforts to fulfill that promise.
Another reason the takeover is good for Samsung is the attitude it forces the Samsung execs to adopt:http://www.forbes.com/markets/2007/07/13/s...13markets1.html
"However, Chosun Ilbo quoted another anonymous Samsung executive who was worried that if Samsung’s market capitalization were to sink by 50% to less than 500 trillion won ($54 billion), the amount needed for a takeover would decline to 150 trillion won ($16 billion).
The executive stressed the need to maintain its share price at an “appropriate level” to guard against an attack."
So either Samsung pushes harder to maintain its market share or it becomes much more vulnerable to a takeover. What Icahn is doing is really a helpful kick in the as*.