Japan's Nintendo, DeNA announce gaming, capital tie-up

TOKYO (Reuters) - Japanese video game maker Nintendo Co Ltd has teamed up with online gaming firm DeNA in a bid to lure back players who have defected from its consoles to more popular mobile and social media games. The two companies said on Tuesday that they would buy 22 billion yen (122 million pounds) worth of shares in each other as part of the capital and product tie-up. As a result, Nintendo will acquire a 10 percent stake in DeNA while DeNA will acquire a 1.2 percent stake in Nintendo. ..