23rd May 2013, 5:58 AM
I think Nintendo owned about 49% of Rare, with the other 51% being owned by the Stamper brothers. The Stamper brothers decided they wanted to sell their shares, which they then sold to Microsoft. Nintendo didn't want to own 49% of a company they had no control over and which would be making games for a rival console, so they sold their stake, too.
The most likely thing to happen is that Nintendo would shut down Retro and fold the employees/assets into another of their American subsidiaries.
The most likely thing to happen is that Nintendo would shut down Retro and fold the employees/assets into another of their American subsidiaries.
Sometimes you get the scorpion.