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Sony shares hit 2-year high on report of spin-off proposal
May 22, 2013 / 12:15 AM / 4 years ago

Sony shares hit 2-year high on report of spin-off proposal

TOKYO, May 22 (Reuters) - Shares of Sony Corp rose 6.3 percent to 2,300 yen, a two-year high, on Wednesday after the Nikkei newspaper reported Sony is considering evaluating a proposal from top shareholder Third Point LLC to spin off its movie and music business.

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