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I sincerely doubt Nintendo is goign ot be buying Rare. I'd call it outside the realm of reasonable possibility.

I'd be very happy if Nintendo bought the rights to Banjo and a few more Rareware IPs, but that's not very likely to happen either, and even if it did I'm not sure that Nintendo has the particular touch necessary to revive those properties. I mean, if it happened I'd be ecstatic, I'm just not sure how it would.