“Video games? Never played one. I play the only realy game: “Gittin’ That Cash.” They got it, I want it.”
Comment on Leaked Microsoft Email Reveals Xbox Boss Phil Spencer Really Wants to Buy Nintendo -
TOModera@lemmy.world 1 year ago
Quote from the article:
However, Spencer outlined a number of blocks on the merger, including the fact Nintendo seemed uninterested in selling up. Nintendo is “sitting on a big pile of cash”, Spencer said, and was apparently happy with its current position. As a result, Spencer said he couldn’t “see an angle” on a buyout in the short term, adding: “I don’t think a hostile action would be a good move… so we are playing the long game." So its never happening and it’s at best delusional. Got it.
Illuminostro@lemmy.world 1 year ago
schmidtster@lemmy.world 1 year ago
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.
TOModera@lemmy.world 1 year ago
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.