Due to poor sales of the WiiU, Nintendo CEO Saturo Iwata has planned a mass buyback of shares according to Businessweek. Nintendo has stated that it will “purchase as many as 9.5 million shares, or 7.4 percent of its outstanding stock, at 12,025 yen a piece from interested investors.”
Much like explosive diarrhoea, there happens to be bits of THQ everywhere now. The company is dead, and it’s various games and license have been scattered to the winds of other gaming studios and publishers. Well, most of them anyway. THQ still has a few properties left that no one wanted the first time that they had an auction, so they’re going to be trying once again to kick them out the door one more time.