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Microsoft - keep your filthy hands off Valve, leak shows MSFT would buy Valve
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Sensationalist media will grab at anything, really.
I mean, the Nintendo thing started with an email Phil Spencer replied to titled "random thought," and the email was basically a lot of "Yeah that sounds great, but here's why it's not going to happen. But sure, though, it would be nice to own Nintendo, and I know a guy who's been trading some of their stock if you wanted to maybe buy some."
Nintendo is at least publicly traded. Valve doesn't need shareholders.