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.
In: 1530
Nintendo is a Japanese company, so their stock is over there. However…
Considering they both compete in a similar market – video games and consoles – this definitely would smell like an anti-trust, monopoly sort of behaviour. The 3 big video game console players are Microsoft (xbox), Nintendo (switch, wii, etc) and Sony (playstation). Merging 2 of them together is gonna bring down one heck of an antitrust investigation and probably just be blocked outright.
Microsoft has already been accused of monopolistic practices in the past. Last thing they want is another one.
How old is this story you speak of?
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