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In what can only be construed as more bad news for Nintendo, the family of Hiroshi Yamauchi, the man responsible for the global gaming franchise we all know and (toughly)love, sold over 7% of the company’s outstanding stock today, a total of 9.5 million shares for an estimated 1.1 billion dollars.
This coming in the wake of Nintendo’s less than stellar Wii U projections announced earlier last month. One has to wonder if this is just another nail in the proverbial coffin of one of, if not the greatest gaming company to ever exist. Let’s just hope for now that Nintendoes what Sega didn’t. Otherwise we’ll be stuck playing Call of Duty, Halo, and God of War sequels ‘til death do us part.