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this post was submitted on 19 Sep 2023
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Better article.
It’s much worse, they are buying up shares to take them over, so it’s been happening for a while.
"I say "until recently" as our former MS BoD member ValueAct has been heavily acquiring shares of Nintendo and I've kept in touch with [ValueAct CEO] Mason Morfit as he's been acquiring. It's likely he will be pushing for more from Nintendo stock which could create opportunities for us.
"Without that catalyst I don't see an angle to a near term mutually agreeable merger of Nintendo and MS and I don't think a hostile action would be a good move so we are playing the long game. But our BoD has seen the full writeup on Nintendo (and Valve) and they are fully supportive on either if opportunity arises as am I."
Weird how the OC article doesn’t even have that full quote.
Yikes, thanks for sharing. Maybe it's time for some Nintendo shareholders to ensure it doesn't become an annoying add on for Xbox. Or not, they may just take the cheques.