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Here’s your Cheat Sheet to this week’s top mergers and acquisition news:
Sony Corporation (NYSE:SNE): Current price $15.59
On Monday, Sony said that it will divest 17.72 million shares in the online game and e-commerce portal DeNA to Nomura Securities,and will book income of $437 million for the current financial quarter. The stake in DeNA, which operates the Mobage mobile-game platform, was originally owned by So-Net, which is a broadband Internet subsidiary that Sony made wholly-owned in 2012 in a $750 million deal.
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