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Nem said:

Sakurai has health problems that probably invalidate that.

Anyways, i dont get the hate for Iwata. Nintendo's biggest problem in my opinion is that its still very much a Japanese company based on japanese culture. People familiar with this know that its always a problem to negotiate with Japanese companies because in theory they value the spoken word more than the written contract.
Obviously i dont know what happens behind the scenes, but the main probablem with 3rd parties outside Japan seems to be how they communicate with them. Add to that some very specific attacks and low blows from EA and Epic not having engine prepared for western developers to work on the Wii U pretty much blocked Nintendo of any western support, and they probably resent that, making the issue a difficult one to resolve.

If you ask me, they should buy Epic and should have them adapt their engines to their systems. This way they would also profit when other companies made games for the other consoles. This would probably easy relationships with the 3rd parties due to common interest. That would be a more visible improvement than demoting Iwata.

Sakurai can't be president because he has hand cramps that would go away if he stopped playing video games for a couple of months?

I'm pretty sure that Nintendo buying Epic wouldn't increase Nintendo's value, but destroy Epic's value. Seems like a bad investment.