Pelta88
Member
Yeah sure mate, and who do you think's in charge of Nintendo? Dick Dastardly and fucken Wile E Coyote?
I've updated the OP to include the email where Phil lays out the strategy specifically.
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Phil Spencer wants to buy Nintendo: i honestly believe a good move for both companies
- Thread starter Bernoulli
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I've updated the OP to include the email where Phil lays out the strategy specifically.
Evil Calvin
Afraid of Boobs
Lol....buying 'everything'. Let me guess ....you are a Playstation-only player and can't afford an Xbox.
He says that one of their investors bought enough shares that can enable a speaking position at report meetings but in a higher position and bridge more deals, not an acquisition because they don't even have the money in the first place, remember the person who bought 50k USD or something like that to ask where's F-Zero?
Thick Thighs Save Lives
Gold Member
I'm sure that the Nintendo execs are smart enough to read between the lines, hence why they've been buying back stock like crazy for the past several years.
www.nintendolife.com
Nintendo Aiming To Spend Over $400 Million On Another Share Buyback
Similar to a move in August 2021
www.nintendolife.com
Raven77
Member
This would kill the gaming industry as we know it.
Edit - this would take 1 to ~2 decades
What people fail to realize is that Nintendo is the only company making gaming consoles and games for the younger generation. It is Nintendo versus the garbage mobile gaming industry. By fighting this war, mostly alone, save for a few E for Everyone games from Ubisoft, etc, Nintendo allows kids to "get into gaming".
They then grow up and play the other consoles with their Teen and eventually Mature games.
If Nintendo dies, so does the industry as we know it. And if MS buys them, it WILL die. Look at their track record.
Edit - this would take 1 to ~2 decades
What people fail to realize is that Nintendo is the only company making gaming consoles and games for the younger generation. It is Nintendo versus the garbage mobile gaming industry. By fighting this war, mostly alone, save for a few E for Everyone games from Ubisoft, etc, Nintendo allows kids to "get into gaming".
They then grow up and play the other consoles with their Teen and eventually Mature games.
If Nintendo dies, so does the industry as we know it. And if MS buys them, it WILL die. Look at their track record.
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AV
We ain't outta here in ten minutes, we won't need no rocket to fly through space
This email outlining Phil's thoughts 3 years ago in absolutely no way signals that Microsoft will be buying majority shares in Nintendo. At all.
HeWhoWalks
Gold Member
It wouldn't kill gaming, but the industry would be in trouble. Yes.
GHG
Member
Nothing is implied, nothing is being speculated upon, it's all there in black and white (including the methods they are using to attempt this).
Currently it is you who is choosing to not live in the real world, which is a bit of a shame considering the fact that there is much to discuss.
If you care to read, watch/listen and do further research of your own regarding this then here is a good starting point for you:
Either that or you can continue to bury your head in the sand, which I'd advise against considering the fact that this subject of discussion isn't going to disappear any time soon.
Del_X
Member
Nothing is implied, nothing is being speculated upon, it's all there in black and white (including the methods they are using to attempt this).
Currently it is you who is choosing to not live in the real world, which is a bit of a shame considering the fact that there is much to discuss.
If you care to read, watch/listen and do further research of your own regarding this then here is a good starting point for you:
Either that or you can continue to bury your head in the sand, which I'd advise against considering the fact that this subject of discussion isn't going to disappear any time soon.
Have you ever bought a significant amount of a stock?
The amount required to buy a majority share can't happen without incurring massive slippage. Then there's the issue of shareholder activism requiring a realistic profit motive to say "let microsoft buy you" which may not be in the interest of all shareholders. There's a lot of steps to get from "hey my guy works at ValueAct" to "we bought Nintendo!"
That's a lot of steps you're taking to indulge in this little fantasy.
GHG
Member
Shades of "the deal will easily pass".
Ironically that's why we are even discussing what we are now. Funny how things transpire sometimes.
So you read nothing and your head is still in the sand. Good day sir.
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PropellerEar
Member
VWYW(vote with your wallet)shot!
Raven77
Member
What I'm referring to would take 1, probably ~2 decades to kill gaming as we know it.
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sloppyjoe_gamer
Gold Member
OP needs his tag updated to Xbox Slut
ecentre
Member
It looks like it does not make a difference, they got too much gold anywayz.
Interfectum
Member
rofif
Can’t Git Gud
Gamepass is already devaluing games and industry. Good deal I tell you…
sloppyjoe_gamer
Gold Member
You mean ruin.....and i agree.
AJUMP23
Member
Well you would get all of the characters, none of the Nintendo.
I would want to buy Nintendo too though if I were in Phil's position.
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ecentre
Member
Sad but true
ReBurn
Gold Member
Stock buybacks aren't really a tool companies use to hedge against a hostile takeover. They're usually done to increase the value of the remaining outstanding shares and shareholder equity. Those buybacks are probably being done to increase the value of the stock equity portion of director compensation since Nintendo's directors tend to take relatively modest salaries compared to other tech companies.I'm sure that the Nintendo execs are smart enough to read between the lines, hence why they've been buying back stock like crazy for the past several years.
Nintendo Aiming To Spend Over $400 Million On Another Share Buyback
Similar to a move in August 2021
Pelta88
Member
For the record...
Nintendo buying back shares doesn't stop Microsoft's acquisition plans. If Mason Mortif of Valueact acquires enough shares he has influence over the board. What Microsoft is proposing would be a hostile takeover. With Valueact venture capitalist holding enough shares, they get to make it look organic.
Thinking Nintendo will never sell willingly is ok. Thinking that the hostile strategy, Microsoft has laid out explicitly in their internal emails, wont succeed, is ignorance.
Nintendo buying back shares doesn't stop Microsoft's acquisition plans. If Mason Mortif of Valueact acquires enough shares he has influence over the board. What Microsoft is proposing would be a hostile takeover. With Valueact venture capitalist holding enough shares, they get to make it look organic.
Thinking Nintendo will never sell willingly is ok. Thinking that the hostile strategy, Microsoft has laid out explicitly in their internal emails, wont succeed, is ignorance.
Guerilla Munch
Member
lmao their window for a takeover was when the WiiU flopped
now Nintendo has what may become the top selling console of all time, a budding multibillion dollar movie studio, and theme parks. they are becoming the next Disney
god i wish these slimeball boomer fucks at Microshit would just fuck off from gaming forever
now Nintendo has what may become the top selling console of all time, a budding multibillion dollar movie studio, and theme parks. they are becoming the next Disney
god i wish these slimeball boomer fucks at Microshit would just fuck off from gaming forever
GHG
Member
Technically it's not a hostile strategy, that's why this methodology is difficult to guard against.
ScHlAuChi
Member
1. Why would any regulator allow that?
2. Why would the japanese goverment allow that?
EverydayBeast
thinks Halo Infinite is a new graphical benchmark
Switch was a huge story for Nintendo a phenomenal console hybrid we have never seen before and the greatest turnaround in gaming history.
Deerock71
Member
Pelta88
Member
They're looking for influence via the purchase of billions of shares through the venture capitalist company that would act as a subsidiary in the purchase of Nintendo.
That aside, I'm amazed at how many people are willing to bury their head in the sand. Despite the email laying out the strategy explicitly. Phil Literary states that Valueact is their only way to purchase Nintendo and certain folk on gaf are like
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THE DUCK
voted poster of the decade by bots
So instead of actually having any sort of actual counter argument you troll with this?
Not sure why you aren't banned.
ultrazilla
Gold Member
Looks like they have former board of directors acquiring shares in Nintendo, email’s from 2020.
GET.THE.HELL.OUTTA.HERE.
Guerilla Munch
Member
They won't allow it. MS only gets free reign to do whatever they want in the US
Jinzo Prime
Member
Pelta88
Member
1. Because in the United States the regulator might have to argue their case before a judge who son works for Microsoft.
2. Because shares are traded on the open market. Not in Japan, specifically.
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ByWatterson
Member
They have never sold the most units. Maaaaybe they had the most revenue in PS360?
But they have never had the highest install base - not even against just Sony. Ever.
akaFullmetal
Member
Man Microsoft, feels we're going back in time to the 90s. Can't beat them then buy them out or starve your competition by buying everything up.
They have the most developers and soon the biggest 3rd party publisher with Activision but they want to buy even more.
Pathetic and harmful to the industry. Consolidation is never good.
They have the most developers and soon the biggest 3rd party publisher with Activision but they want to buy even more.
Pathetic and harmful to the industry. Consolidation is never good.
xiskza
Member
Phil Spencer said:
It's not just locker room talk. They're explicitly saying that they hope ValueAct/Mason Morfit will pressure Nintendo to use up their capital through market expansion, which will create an opportunity for Microsoft to acquire Nintendo when the latter has less cash on hand. It's much more nefarious than just wanting to acquire Nintendo. They want to forcibly create a situation where Nintendo fails through unsustainable growth and buy them up.
This is missed in a lot of the reports where they just focus on Phil hoping to acquire Nintendo. I think Microsoft having an actual plan to force Nintendo to fail is quite alarming and anti-competitive. It's leaning towards corporate sabotaging.
GHG
Member
They're looking for influence via the purchase of billions of shares through the venture capitalist company that is basically a subsidiary in the purchase of Nintendo.
That aside, I'm amazed at how many people are willing to bury their head in the sand. Despite the email laying out the strategy in no uncertain terms. Phil Literary states that Valueact is their only way to purchase Nintendo and certain folk on gaf are like
Microsoft have no interest in the shares themselves and never will. The shares are what enable Valueact to do the dirty work in the background.
Through this kind of methodology (which is the very "long game" Phil Spencer outlined) it's something that would gradually creep up on Nintendo over time.
Get a couple of people on the board to influence from within and before you know it they are welcoming the idea of Microsoft either purchasing them or entering into some kind of binding partnership which strips them of autonomy.
Gojiira
Member
Sorry
But yeah those are my sentiments towards anybody supporting Spencers goal.He truly is ruining gaming. I seriously hope he gets a wake up call, all these leaked documents and his continued pursuit of monopoly really should reignite the FTC’s/CMA/EU etc interest in blocking any further purchases by Xbox.
