Actualy these rumors are mixed, and this is hardly official. Sure there are hints everywhere but it stuff like what was posted today that makes us think "what the hell is going on at Rare."
Quote:
In a new press release, Nintendo denies that it is willing to sell it's stake in Rare. Full press release below Nintendo Co. (J.NTD or 7974) Thursday denied a U.S. media report it is "willing to sell" a controlling stake in U.K. game software developer Rare Ltd. There has been speculation about Microsoft Corp.'s interest in buying Rare to make more software exclusively for its Xbox console. A Nintendo spokesman said, hypothetically, the company would consider what to do with its Rare shareholding if actually contacted by Microsoft or Rare, but there hasn't been any such contact. Nintendo owned 38% of Rare's voting rights through U.S. subsidiaries at the end of last March, but Rare hasn't supplied any software for Nintendo's GameCube or Game Boy consoles over the past one year or so, the spokesman said. The Los Angels Times said in a separate report Microsoft is interested in acquiring Rare, citing unnamed sources. On the Tokyo Stock Exchange Thursday, Nintendo shares ended up 2.6% at Y14,380 Thursday. The Nikkei 225 Stock Average closed up 0.2% at 9415.23. |
From
www.cube-Europe.com and Yahoo and many other sites shooting down the day befores rumor.
Needless to say this is a dim moment, I have absolutely no clue whats going on. one day Rare's Microsofts new power toy the next they never where sold! WTF