Nintendo raising stake in Seattle Mariners


TOKYO (AP) - Nintendo Co., the Japanese maker of Pokemon and Super Mario video games, raised its stake in baseball's major league club the Seattle Mariners to more than 50 percent, a company spokesman said Friday. 

Nintendo's U.S. subsidiary spent US$67 million (euro50.5 million) to acquire the stake held by former Nintendo President Hiroshi Yamauchi, who acquired his share of the club in 1992, Yasuhiro Minagawa said. 

Nintendo's U.S. subsidiary had owned a stake in the team but is not disclosing how much it owned or how much it owns after the transaction, he said. 

Yamauchi sold his stake to make sure a single owner will keep the club in Seattle, Minagawa said. - AP

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