a big corporate Value act ( which is on the boards of Microsoft and Adobe) has been buying Nintendo stock since 2019 and now they are want to help Nintendo to become a largest Digital entertainment service company
Activist investor ValueAct Capital Partners LP has built a stake of over $1.1 billion in Nintendo.
— Daniel Ahmad (@ZhugeEX) April 21, 2020
ValueAct is on the boards of Microsoft and Adobe and is looking at Nintendo's potential to become a broader digital entertainment company. https://t.co/yPhYM2KS7R
Activist investor doesn't mean what you think btw.
— Daniel Ahmad (@ZhugeEX) April 21, 2020
It means they are essentially interested in the company because they want to make changes or push the company in a certain direction.
In this case they want to push the digital entertainment/media services angle. pic.twitter.com/qx7v88xE8E
They want to push certain agenda on Nintendo as company to a certain direction which is going to make Nintendo as fully digital entertainment service and becoming the largest one
ValueAct first began buying the stock in April 2019 and has grown its position.
— Daniel Ahmad (@ZhugeEX) April 21, 2020
Essentially it looks like the 'digital transition' isn't going as smooth as they want and they believe they can provide value / pivot the company to become one of the largest digital media services. pic.twitter.com/pc7qmeRpYe
Some analyst said it's a good take, so this could provide valuable guidance as Nintendo continues its digital transformation in software and services.
書きました：投資を決行した理由の1つに「任天堂は特異なエンタメのエコシステムを築いており、ゲーム事業ではデジタルコンテンツ事業で世界最大規模の事業を展開する会社の一つになれる」としています。https://t.co/AuFQIEJx9U
— Takashi Mochizuki (@6d6f636869) April 22, 2020
https://www.bloomberg.com/news/articles/2020-04-22/activist-places-1-billion-bet-on-nintendo-becoming-media-giant
Last edited by HollyGamer - on 21 April 2020
