I would say be careful with what you wish for, in that instance. I know more often than not a buy-out doesn't mean total liquidation, though I don't trust Nintendo to do them justice. Especially if they pose to become a Disney in Video Game Form.
^This
Let's not forget about Nintendo neglect of most of their IPS that are not considered profitable, their very controlling nature about how their games are obtained and played, their utter hatred and iron-fist approach towards hacking, modding and fanmade content and of course, the debacle with FreeMelee and how they threw even an unrelated Splatoon tournament under the bus, just because they didn't like what people said.
Their controlling, dictator-like approach with how they handle their IPs is easily the most disturbing part about Nintendo and where their evil side is the most blatant.
Yes, they make amazing games most of the time and treat their 1st-party employee's better than most other AAA companies for sure.
However, they don't give the same treatment to the consumer.
Nintendo thinks they know better than the consumer and think they don't have to listen to them, because they're too stupid, uneducated and their only role is to keep buying their games and never doubt Nintendo, not even once.
In that sense, they see us as whales, not as valuable business partners that deserve respect.
And Nintendo wants the consumer to know their place so badly, that they aggressively shut down all fanmade alternatives like no other company in the world.
Nintendo is a loving family towards their direct employees, but a cold-hearted, controlling business towards the consumer.
And don't give me that "they have the legal right, so it's okay" BS.
Nobody denies that they have the legal right. But legality should not absolve these actions from being bad, malicious actions towards the consumer.
Legality doesn't get to decide what's right and wrong, hence why legality and moralily often don't mesh well and at times are even in direct conflict with one another.
Look up some of the more absurd, unfair or disturbing laws in the world and then try telling me, the law is absolute and must never be defied or even questioned.