/biz/ - Business & Finance

Previous thread: >>60620

Starting with info from previous thread:

It's actually happening!

Sony is currently in break up talks with major investors, Third Point LLC, Daniel Loeb and Morgan Stanley.

Morgan Stanley is acting as the mediator for the dispute. We first heard the rumor about the current break up talks back in May.

http://www.bloomberg.com/news/2013-05-30/sony-said-to-work-with-morgan-stanley-citigroup-on-loeb-plan.html?source=email_rt_mc_body

Now it appears the break up talks are in full swing.

http://www.bloomberg.com/news/2014-02-09/sony-woes-seen-prelude-to-loeb-inspired-breakup-real-m-a.html

It's rumored that Amazon is going to buy Sony's entertainment division. This makes sense because they already offer PlayStation games on their storefront. They have also had a strong partnership with Sony for many years.

Discuss. Cite sources when necessary as well.

Important ticker info.

SNE:US for US trading
6758:JP for JP trading