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4 years ago
Sony falls after it rejects Loeb's entertainment spin-off proposal
August 6, 2013 / 12:10 AM / 4 years ago

Sony falls after it rejects Loeb's entertainment spin-off proposal

TOKYO, Aug 6 (Reuters) - Shares in Sony Corp dropped 3 percent to 2,073 yen ($21.03) on Tuesday after the Japanese consumer electronics firm rejected proposals from activist shareholder Daniel Loeb to spin off a part of its entertainment business.

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