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, ...
During the drawn-out process of Microsoft acquiring Activision Blizzard, one regularly voiced concern was that this ...
The parent company of Elden Ring studio, Kadokawa, has confirmed receiving Sony's offer for the buyout; however, they haven't ...
A new report has indicated that Sony is currently in talks to acquire Kadokawa, and if it goes through, it could lead to a ...
Sony might acquire full ownership over Kadokawa in the next weeks and the anime community is not happy about it at all.
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A report says Sony is eyeing up Japanese media firm Kadokawa, a company with a controlling stake in Elden Ring creator ...
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