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Girl Gamer Elite said:
Also since they said there was room for a third 3rd party character most of us assumed there would be one.
 

While that's true...but according to a recent interview from IGN. Sakurai has stated that no 3rd party company expressed interest for Brawl or so he thinks.

Damn it, Inafune. We could of have Mega Man in Brawl if you were to contact Sakurai instead of waiting! *shakes fist*