Nintendo stock for 1.1 billions has been bought by ValueAct and want to make Nintendo as fully digital entertainment Service/ media company EDIT: Add Bloomberg article

[sethnintendo]

SpokenTruth said:

Mar1217 said:
And Nintendo will just scoff at their faces as they should.

According to the report, they've already began meetings with Nintendo on this. Including with the company president.

If Nintendo still owns a majority of shares (which they do) then they can't really force them to do anything can they?   At most they can make Nintendo listen to their demands.  That doesn't mean Nintendo has to do jack shit since they still have majority of shares.