Massive Stock Drop! What Went Wrong for Kadokawa?
Market Reaction to Sony Investment On Friday, Kadokawa shares plunged to their daily limit in Tokyo after the much-anticipated acquisition by Sony Group did not materialize. Instead, Sony announced a capital tie-up, leading to investor disappointment and massive sell-offs. This partnership involves Sony investing approximately 50 billion yen (around $317 million) in Kadokawa, securing about […]
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