Kadokawa shares surge after news of Sony acquisition talks
Japanese media powerhouse Kadokawa said on Wednesday it had received a letter of intent to buy its shares, a day after a Reuters report that Sony was in talks to acquire the developer of the acclaimed "Elden Ring" fantasy game sent its stock soaring.
Kadokawa Responds to Sony Acquisition Rumors (& It’s Not a Done Deal Yet)
But for Kadokawa themselves, they have shared a statement confirming that the potential deal between them and Sony has yet to be confirmed. Noting that they “received an initial letter of intent to acquire the Company’s shares,
Kakao, Kadokawa and Sony are all giant conglomerates, with their hands deep in different business. Unlike Kadokawa and Sony, ...
Kadokawa Corporation, Elden Ring developer FromSoftware's majority owner, has acknowledged takeover interest from Sony, but ...
As reports of Sony apparently being in talks to buy out FromSoftware owner Kadokawa surface online, the Tokyo Stock Exchange ...
Kadokawa's shares jumped 16% in early Tokyo trading on Wednesday, a day after Reuters reported Sony was in talks to acquire ...
The biggest losers from this potential takeover include Bandai Namco, which publishes many of Kadokawa’s games and works with ...
While Microsoft has become the main character of acquisitions in corporate culture with its $69 billion purchase of ...
Japanese media conglomerate Kadokawa said that while there are some articles on the potential acquisition of Kadokawa by Sony (SONY), the ...
A new report has indicated that Sony is currently in talks to acquire Kadokawa, and if it goes through, it could lead to a ...
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