Sony is reportedly in talks to acquire Kadokawa Corporation, a move that would significantly bolster its gaming portfolio with franchises like Elden Ring and Dark Souls.
According to insiders, the negotiations are ongoing, and if successful, a purchase agreement could be finalized in the coming weeks, which indicates urgency in the deal.
The acquisition of Kadokawa would mark a substantial strategic win for Sony, potentially limiting Xbox's access to major gaming franchises amidst its ongoing acquisition spree.
In response to the talks, Kadokawa's stock price surged nearly 25%, reflecting investor optimism despite the lack of official comments from either party.
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