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NEWS: Nintendo Buys Stake in Niconico Parent Dwango




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mgosdin



Joined: 17 Jul 2011
Posts: 1302
Location: Kissimmee, Florida, USA
PostPosted: Sat Nov 16, 2013 5:16 am Reply with quote
So what percentage of Dwango's stock does this represent? Who did they buy it from? Market purchase or directly from Dwango?

If I recall correctly Japanese law holds anything 33% or more as being in effective control vs U.S. law being 50% + 1 share for control.

Could use a bit more depth in the report.

Mark Gosdin
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Mr Adventure



Joined: 14 Jul 2008
Posts: 1598
PostPosted: Sat Nov 16, 2013 5:54 am Reply with quote
I think Nintendo Life reported that this might be less about Nintendo looking to get into mobile platforms, and probably more about Nintendo pumping some needed capital into Niconico temporarily.
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Sariachan



Joined: 09 May 2005
Posts: 1492
Location: Italy
PostPosted: Mon Nov 18, 2013 5:38 pm Reply with quote
Anime projects coming from Nintendo in the near future?

I, too, would like to know more details about this news, if possible. ^^
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