Eli5 Couldnt Microsoft just buy all shares of Nintendo?

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There is this story how Microsoft wanted/wants to buy Nintendo but was laughed out of the room. Is nintendo not a stock company? Couldnt Microsoft just buy 51% of all the shares? From what Ive seen the biggest shareholder is a japanese bank with 17%. Its not like somebody already owns the half.

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Anonymous 0 Comments

So as you buy more shares, the “low hanging fruit” of people willing to sell near the original market price goes away, and you end up having to pay more per share, especially if news gets out that M$ wants to buy and therefore people think they can sell for more

Also to prevent monopolies the FTC and other regulatory bodies (UK’s CMA) would get involved, just like the Activision deal that is still being worked out almost 2 years later – Nintendo, a competing hardware manufacturer would have a lot more scrutiny and oversight before it’s allowed to go through

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