9:20am 09/11/02 Microsoft in talks to acquire game developer Rare Ltd. (MSFT)
Microsoft Corp. (MSFT) is in negotiations to acquire game development studio Rare Ltd., according to the L.A. Times. Nintendo Co. owns 49 percent of Rare, developer of hit games such as "Donkey Kong Country" and "Banjo Kazooie." The L.A. Times report did not mention financial terms.