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In a new press release, Nintendo denies that it is willing to sell it's stake in Rare. Full press release below
Nintendo Co. (J.NTD or 7974) Thursday denied a U.S. media report it is "willing to sell" a controlling stake in U.K. game software developer Rare Ltd.
There has been speculation about Microsoft Corp.'s interest in buying Rare to make more software exclusively for its Xbox console. A Nintendo spokesman said, hypothetically, the company would consider what to do with its Rare shareholding if actually contacted by Microsoft or Rare, but there hasn't been any such contact.
Nintendo owned 38% of Rare's voting rights through U.S. subsidiaries at the end of last March, but Rare hasn't supplied any software for Nintendo's GameCube or Game Boy consoles over the past one year or so, the spokesman said.
The Los Angels Times said in a separate report Microsoft is interested in acquiring Rare, citing unnamed sources.
On the Tokyo Stock Exchange Thursday, Nintendo shares ended up 2.6% at Y14,380 Thursday. The Nikkei 225 Stock Average closed up 0.2% at 9415.23.
Ahhh all this speculation, my head hurts...
But Nintendo have sent an email to some people regarding the matter, Saying they have asked Rare to STOP making any further games for the Gamecube (from Nintendo UK)
So its an indication the Nintendo are letting their offspring fly.
Starfox, Donkey Kong AND Killer Instinct are 100% owned by Nintendo.
These Rumours are total B*llocks and If it is true I will be so mad!
So there!
;)
Gamecube europe (or whatever site it is) maybe using false information, trying to reassure GC/Rare fans, we will have to wait and see.
perfect dark 0, next banjo and next conker?
Who says it will be good, its a diffrent system diffrent rules people leaving plus more stuff we wouldnt of heard of.
maybe nintendo will take every one thats working at rare and then sell the company to MS so they can use the name but no one will be working for it.
> WHO CARES?
>
> Anyone who says things like "I'll buy an XBOX if MS buy
> Rare" might as well say "I'll pay Nintendo £170 not to
> sell"
>
> Am I the only person who thinks such a degree of consumer loyalty is
> ludicrous? They aren't *THAT* great. Yes, they have made some class
> games over the last few years, but they've made some hummers too, much
> like pretty much any decent software house in history.
I feel the same way......
>
> Was always more of a Fulgore fan myself...
i liked the Raptor dude off the Snes vertion
> Anyone who says things like "I'll buy an XBOX if MS buy
> Rare" might as well say "I'll pay Nintendo £170 not to
> sell"
Not at all.
The Xbox is a fine console with many features that the Gamecube lacks - like a proper online plan, a DVD player and a hardrive (which does have more uses than a giant memory card).
Rare games would merely seal the deal.