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Sony to Sell its $47 Million Stake in Square Enix

The Wall Street Journal uncovered today that Sony — ever looking to streamline and restore profitability — will sell its stake in Japanese game publisher Square Enix. All $47 million of it. The whole 9.52 million shares. I had forgotten Sony even owned a slice of Square, but it turns out it’s worth quite a lot.

The stake Sony is dealing amounts…

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