Sony to Acquire WildBrain’s Stake in Peanuts Holdings for $460 Million
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Sony Music Entertainment (Japan) Inc. and Sony Pictures Entertainment Inc. have agreed to acquire WildBrain's 41% stake in Peanuts Holdings LLC for 630 million CAD (460 million USD). This acquisition will increase Sony's stake in Peanuts to 80%, making it a consolidated subsidiary. The deal is subject to regulatory approvals.
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