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Sega Buyout Rumor Denied
Sega/Nintendo

Over the past few days, many rumors have been circulating about a recent New York Times news report. The report claimed that Nintendo was in talks of acquiring its longtime rival, Sega. Both Nintendo and Sega have denied these rumors, claiming that no such talks are taking place.

Though now claimed as untrue, the original buyout rumor affected the Japanese stock market, increasing Sega's Japanese stock price by 10.5% and lowering Nintendo's by 2.9%.


by Justin Weiss    
Source: [Magic Box]
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