R.I.P. Nintendo? Founder's Family Selling $1.1 Billion Shares!
The family of Nintendo executive Hiroshi Yamauchi (grandson of founder Fusajiro Yamauchi) has plans to sell as many as 9.5 million shares tomorrow. Part of an immense buyback worth an estimated $1.1 billion. Is this the clear sign that Nintendo is dying? Plus other stories regarding the Big N including blaming free to play games as the cause of poor hardware sales, consideration of merging or acquiring other companies, and the prospect of Nintendo's next consoles to have mobile style qualities.
Link to Stories: http://www.gamespot.com/articles/nintendo-founding-family-to-sell-shares-worth-over-1-billion/1100-6417487/
http://www.gamespot.com/articles/nintendo-free-to-play-is-hurting-our-hardware-business/1100-6417492/
http://www.gamespot.com/articles/nintendo-considers-merging-with-or-acquiring-other-companies-to-improve-business/1100-6417497/
http://www.gamespot.com/articles/nintendo-s-next-console-and-mobile-will-be-like-brothers/1100-6417496/