Nintendo becomes majority owner of Mariners

[Mulboyne]

Nintendo raising stake in Seattle Mariners
Nintendo Co...raised its stake in baseball's Seattle Mariners to more than 50 percent, a company spokesman said Friday. Nintendo's U.S. subsidiary spent $67 million to acquire the stake held by former Nintendo President Hiroshi Yamauchi, who acquired his share of the club in 1992.

Yamauchi sells M's shares but retains position with club
The Mariners quietly became 100 percent locally owned this summer when Japanese billionaire Hiroshi Yamauchi, doing some estate planning, sold his shares in the Seattle baseball franchise to Redmond-based Nintendo of America (NOA).
...The transaction assures that upon the death of Yamauchi, there will be no complications with his personal estate regarding ownership of the Mariners.