Nintendo Denies Bandai Acquisition

Officials from Nintendo have been attempting to deny that the company has any intention of acquiring Japanese publisher and toy manufacturer Bandai. The company purchased an additional 2.7% of Bandai’s shares at the end of September, when Bandai split its stock – making it now one of the top ten shareholders. Despite the denials the Japanese press is rife with rumors that an acquisition move is being planned - a move that would give Nintendo direct and exclusive access to properties such as Gundam, Power Rangers, Digimon and Hello Kitty.