Story thread · 3 reports / 3 sources
Sony Music Japan to acquire 23.29% stake in Puzzle & Dragons developer GungHo Online Entertainment
pocketgamer.biz · 11d

Sony Music Entertainment Japan (SME) is set to acquire a 23.29% stake in Puzzle & Dragons developer GungHo Online Entertainment as part of a new capital and business alliance between the companies. As reported by Gematsu, SME will purchase 12,006,500 GungHo shares from major shareholder SON Financial through an off-market bilateral transaction for ¥28.64 billion ($182.5 million), or ¥2,385 per share. ... [ MORE ]
First report: Sony Music Japan buys stake in games firm GungHo Online Entertainment — musically.com, 13d
The coverage
- Sony Music Japan is Suddenly the Largest Shareholder in GungHo Online Entertainment
digitalmusicnews.com · 13d
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