Nintendo to Sell Mariners Stake to Stanton Ownership Group

  • Mobile-Phone Mogul Would Become Chief Executive Officer
  • John Stanton Says Ownership Group Includes 17 Investors

Nintendo Co. will sell its controlling stake in the Seattle Mariners baseball team to a group of minority owners led by mobile-phone mogul John Stanton in a deal that values the business at $1.4 billion and places it under local control.

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