Amidst Fiscal Losses, Nintendo Founding Family May Pull Out - Presented by: The Aol. On Network

Welcome to 60 Sec Tech - one minute of what you need to know in the tech world. Nintendo’s founding family, the Yamauchi, will sell their shares in the company. The Nintendo corporation will buy those holdings back at a value of 114.2 billion yen - equivalent to 1.1 billion US dollars. It’s unclear if the family will sell all of their shares, or just a percentage. This may be the exit of the Yamauchi family, who have been involved since Fusajiro Yamauchi founded Nintendo in 1889. The comp



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