You forgot that Tencent allowed Nintendo to add Terry to Smash, and for a cheap price.
SharkLord is right. Zhuge has the acquisition paper from when SNK's founder Kawasaki sold 81 % of SNK (for $63,5 million) in 2015:
SNK was sold to two corps:
37 Games, a mobile / browser game dev that has mostly been content with selling their games in China / SEA, and
Orient Securities, a investment bank and brokering firm in Shanghai with ties to the state-owned oil company Shenergy Group. I'm pretty sure that those two were involved in the background when SNK talked with Nintendo about Smash.
The paper Zhuge has was obscure though, and SNK did cooperate a lot with Tencent (even if Tencent never bought a single % of SNK) so the confusion is understandable.
Tencent was not involved with Terry though.
Since then, SNK have had several connections to Mohammed Bin Salman (the Saudi crown prince) and in 2020 MBS moved to buy a controlling stake in SNK through the MiSK Foundation (presumably by buying out a lot of 37's and OS' shares). Which MBS and MiSK secured earlier this year and
now MiSK control 50 % of SNK.
2B?
Ha ha...As if that'll ever happen...
2B, or not 2B, that is the question.