Nintendo is well-known as a video game creator, but since 1992 they’ve also been the majority owners of the Seattle Mariners. Back in April, Nintendo of America announced that they’d be selling their majority stake in the team, and the deal was officially approved a few days ago. In a statement to investors, Nintendo has revealed that they received $661 million for the sale. Nintendo of America retains a 10% share in the team. As for the impact on Nintendo’s financial forecast for the year, the statement says “it will take some time” to calculate.

Source: Nintendo

Our Verdict

Ben Lamoreux


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