Saudi prince buys a 96% stake in SNK

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Cumberdanes
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PostSaudi prince buys a 96% stake in SNK
by Cumberdanes » Thu May 05, 2022 11:50 pm


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gaminglegend
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PostRe: Saudi prince buys a 96% stake in SNK
by gaminglegend » Fri May 06, 2022 12:58 am

Basically just diversifying his money I imagine.

Check out the GRCADE Beer Money Thread - Free shares & Bank Switch Offers £££! :msgreen:
https://grcade.co.uk/t:the-making-beer-money-thread
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Cumberdanes
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PostRe: Saudi prince buys a 96% stake in SNK
by Cumberdanes » Fri May 06, 2022 1:06 am

The guy can do what he wants with his money but I find it rather concerning that a once great company is now almost solely owned by someone largely considered a dictator.

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kerr9000
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PostRe: Saudi prince buys a 96% stake in SNK
by kerr9000 » Fri May 06, 2022 5:21 am

Cumberdanes wrote:The guy can do what he wants with his money but I find it rather concerning that a once great company is now almost solely owned by someone largely considered a dictator.


Yep I don't like it either

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Tomous
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PostRe: Saudi prince buys a 96% stake in SNK
by Tomous » Fri May 06, 2022 6:08 am

Cumberdanes wrote:The guy can do what he wants with his money but I find it rather concerning that a once great company is now almost solely owned by someone largely considered a dictator.



It stinks

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OrangeRKN
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PostRe: Saudi prince buys a 96% stake in SNK
by OrangeRKN » Fri May 06, 2022 10:22 am

He already owned a lot of it so it isn't surprising. Give it another few years though and SNK will probably go bankrupt again

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Cumberdanes
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PostRe: Saudi prince buys a 96% stake in SNK
by Cumberdanes » Fri May 06, 2022 10:33 am

Just reading that story in more detail he also owns more than a 5% stake in Capcom along with over $3 billion in shares spread between Blizzard Activision, EA and Take Two.

His goals do admittedly seem noble as he wants to secure a stable future for Saudi Arabia outside the oil industry it's just that almost everything else about him is decidedly less than noble.

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Knoyleo
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PostRe: Saudi prince buys a 96% stake in SNK
by Knoyleo » Fri May 06, 2022 10:44 am

Cumberdanes wrote:Just reading that story in more detail he also owns more than a 5% stake in Capcom along with over $3 billion in shares spread between Blizzard Activision, EA and Take Two.

His goals do admittedly seem noble as he wants to secure a stable future for Saudi Arabia outside the oil industry it's just that almost everything else about him is decidedly less than noble.

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pjbetman wrote:That's the stupidest thing ive ever read on here i think.
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Tomous
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PostRe: Saudi prince buys a 96% stake in SNK
by Tomous » Fri May 06, 2022 4:32 pm

Cumberdanes wrote:His goals do admittedly seem noble as he wants to secure a stable future for Saudi Arabia outside the oil industry


That isn't noble

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Stugene
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PostRe: Saudi prince buys a 96% stake in SNK
by Stugene » Fri May 06, 2022 5:45 pm

Cumberdanes wrote:His goals do admittedly seem noble as he wants to secure a stable future for Saudi Arabia outside the oil industry

:lol: :lol: :lol: :lol:

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Cumberdanes
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PostRe: Saudi prince buys a 96% stake in SNK
by Cumberdanes » Fri May 06, 2022 6:01 pm

Forgive my naivety but the road to hell is often paved with good intentions, see Volkswagen.

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Moggy
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PostRe: Saudi prince buys a 96% stake in SNK
by Moggy » Sat May 07, 2022 9:06 am

Cumberdanes wrote:Forgive my naivety but the road to hell is often paved with good intentions, see Volkswagen.


I don't remember Volkswagen dismembering a journalist.

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Cumberdanes
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PostRe: Saudi prince buys a 96% stake in SNK
by Cumberdanes » Sat May 07, 2022 10:06 am

Moggy wrote:
Cumberdanes wrote:Forgive my naivety but the road to hell is often paved with good intentions, see Volkswagen.


I don't remember Volkswagen dismembering a journalist.


In Volkswagen’s early history they were a government initiative to provide affordable cars to German workers, an initiative started by Adolf Hitler.

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Moggy
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PostRe: Saudi prince buys a 96% stake in SNK
by Moggy » Sat May 07, 2022 10:11 am

Cumberdanes wrote:
Moggy wrote:
Cumberdanes wrote:Forgive my naivety but the road to hell is often paved with good intentions, see Volkswagen.


I don't remember Volkswagen dismembering a journalist.


Volkswagen was founded as government initiative to provide affordable cars to German workers, an initiative started by Adolf Hitler.


Yes.

Are Volkswagen currently mass executing people and engaging in genocide against a neighbour?

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Cumberdanes
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PostRe: Saudi prince buys a 96% stake in SNK
by Cumberdanes » Sat May 07, 2022 10:13 am

Moggy wrote:
Cumberdanes wrote:
Moggy wrote:
Cumberdanes wrote:Forgive my naivety but the road to hell is often paved with good intentions, see Volkswagen.


I don't remember Volkswagen dismembering a journalist.


Volkswagen was founded as government initiative to provide affordable cars to German workers, an initiative started by Adolf Hitler.


Yes.

Are Volkswagen currently mass executing people and engaging in genocide against a neighbour?


Dunno, haven’t checked.

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Garth
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PostRe: Saudi prince buys a 96% stake in SNK
by Garth » Wed May 18, 2022 11:22 am

Nintendo now too:
Saudi Arabia’s Public Investment Fund took a 5.01% stake in Nintendo Co., its third investment in a Japanese games company as the industry consolidates.

https://www.bloomberg.com/news/articles ... endo-stake

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Saint of Killers
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PostRe: Saudi prince buys a 96% stake in SNK
by Saint of Killers » Wed May 18, 2022 11:44 am

I wish MS had bought them now.

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Dual
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PostRe: Saudi prince buys a 96% stake in SNK
by Dual » Wed May 18, 2022 12:03 pm

Mario all about that dirty blood money :datass:

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Moggy
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PostRe: Saudi prince buys a 96% stake in SNK
by Moggy » Wed May 18, 2022 3:58 pm

Dual wrote:Mario all about that dirty blood money :datass:


The clues were there years ago.

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