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,
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Sony might acquire full ownership over Kadokawa in the next weeks and the anime community is not happy about it at all.
Kadokawa's shares jumped 16% in early Tokyo trading on Wednesday, a day after Reuters reported Sony was in talks to acquire ...
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The parent company of Elden Ring studio, Kadokawa, has confirmed receiving Sony's offer for the buyout; however, they haven't ...
Sony is moving to acquire a majority stake in the parent company of esteemed video game developer FromSoftware, the creators ...
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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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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