In the first paragraph of the email, he talks about some ValueAct, a group who just bought a 1 BILLION stake in nintendo. The plan is already in motion but the folks over at resetera thinks MS was just saying a pipe dream
Quote from phil in the email
"The unfortunate (or fortunate for Nintendo) situation is that Nintendo is sitting on a big pile of cash, they have a BoD (board of directors) that until recently has not pushed for further increase in market growth or stock appreciation,” he reported to his colleagues Chris Capossela and Takeshi Numoto. “I say ‘until recently’ as our former MS BoD member ValueAct has been heavily acquiring shares of Nintendo (...) and I’ve kept in touch with Mason Morfit [ValueAct’s CEO, editor’s note] as he’s been acquiring. It’s likely he will be pushing for more Nintendo stock which could create opportunities for us.”
Quote from another forum poster.
"So step one would be inserting people (or even themselves) into the Nintendo BOD and then using those people to influence from within. The biggest issue in this situation is the fact that it's come to light via Spencer's email that Mason Morfit is not working alone (in that he's not acting solely on the best interests of ValueAct), Spencer is using him as a Proxy to gain influence over the Nintendo board with the end goal of softening them up to the ideal of a deep partnership/collaboration with Microsoft (or even a buyout).
My feeling is that the wheels are already in motion, especially considering how quick Nintendo were to sign that Activision deal.
Alarm bells should be ringing at Nintendo HQ, the imposters are likely already in place."
Activist investor ValueAct Capital Partners LP has built a stake of over $1.1 billion in Nintendo, according to a letter seen by Reuters, a bet that digital software distribution and the development of new entertainment products will fuel growth at the Japanese consumer...
www.reuters.com