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+--- Thread: Nintendo buys Bandai stock (/showthread.php?tid=1242)
Nintendo buys Bandai stock - Great Rumbler - 25th October 2003
Quote:As previously repoprted, Nintendo has purchased 1.28 million shares of Bandai's (Japan) stock, giving Nintendo aproximately 2.6% ownership of Bandai.
Speculation that this purchase was actually the precursor to a merger or takeover bid has since grown so much that Bandai president, Takeo Takasu, held a press conference to squelch the rumours.
Takasu explained that, Bandai was looking for a third party that could acquire a number of its shares from financial institutions and other companies that bandai had cross-shareholding issues with. Nintendo expressed interest in investing in Bandai and Bandai consented. Nintendo subsequently purchased the 1.28 million shares from the financial institutions and companies, including 260 000 shares from Mattel.
Bandai and Nintendo stocks have both risen today, Bandai up 5.79% to it's highest share price of the year, and Nintendo up .34 %.
Something is definitely going on here, either Nintendo wants some exclusive games or they some bigger plans. You don't just buy 1.38 milllion shares of stock for nothing.
Anime News Network
Nintendo buys Bandai stock - OB1 - 25th October 2003
Well I did...
Nintendo buys Bandai stock - Great Rumbler - 25th October 2003
No you didn't.
Nintendo buys Bandai stock - OB1 - 25th October 2003
How do you know??
Nintendo buys Bandai stock - A Black Falcon - 25th October 2003
I think we know.
Nintendo buys Bandai stock - Great Rumbler - 25th October 2003
Oh, I know alright.
Nintendo buys Bandai stock - OB1 - 25th October 2003
I AM Bandai!!!!!!!
Nintendo buys Bandai stock - Great Rumbler - 25th October 2003
Well, I'm Band-Aid!
Nintendo buys Bandai stock - OB1 - 25th October 2003
...
huh.
....
really?
Nintendo buys Bandai stock - Dark Jaguar - 25th October 2003
Why do you think he gets upset when we use band-aid to refer to medicative strips in general?
I'm Kool-aid! *breaks through wall* Oh YEAH!
Nintendo buys Bandai stock - Great Rumbler - 25th October 2003
Quote:I'm Kool-aid! *breaks through wall* Oh YEAH!
Great Rumbler: That didn't happen!
Dark Jaguar: Oh yeah? Then how did this big whole get in the wall?
Nintendo buys Bandai stock - Dark Jaguar - 25th October 2003
Now drink up kids!
Kids: But giant kool-aid, there are bits of wall in this. They fell in when you broke through with no lid on.
Me: I said drink it! Do not hesitate!
GR: Um, are you sure this is kool-aid? Kinda resembles goat's blood...
DJ: Goat? Haha, that's a good one.
Nintendo buys Bandai stock - Great Rumbler - 25th October 2003
GR: So...it's not goat's blood?
DJ: That...wasn't what I said.
GR: *sprays drink across the room*