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Sony to Sell All of Its Square Enix Shares

It has been announced that Sony Corporation would be selling all their Square Enix Holdings Co., LTD. shares in later days.

An agreement was sealed between Sony Computer Entertainment Inc., Sony's fully owned subsidiary, and SMBC Nikko Securities Inc., which happened to be one of Japan's largest brokerage firms, for the transfer of 9,520,000 shares of Square Enix.

The transfer is expected to be around 4.8 billion yen (roughly $47 million) of profits.

Via OrendsRange | Siliconera

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4 Responses
  1. ASMC Says:

    I'd put odds on Disney picking up the bulk of them

  2. Anonymous Says:

    i hope not then their games would be much much worse.

  3. Anonymous Says:

    Why would they sell? It seems foolish to me

  4. Anonymous Says:

    I am con fused as well, I thought sony and square profited much from each other - Buy Video Games for Consoles and PC - From Japan, Korea and other Regions
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