💨 Abstract
Sony is in negotiations to acquire Kadokawa, a Japanese media company known for the popular game Elden Ring, according to two sources. If successful, the deal could be finalized in the coming weeks. Kadokawa's market capitalization is around $2.7 billion. Sony already owns a 2% stake in Kadokawa and a stake in its subsidiary FromSoftware, the developer of Elden Ring.
Courtesy: theprint.in
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