Sony has just announced that they will be liquidating their stake in Square Enix. Sony owns 9.5 million shares valued at 47 million dollars or ¥4.8 billion yen. This move is seen as part of Sony’s push to profitability after taking a rather sizable hit the past few years. The company has already sold several of their office buildings and laid off a large portion of its staff. Here is hoping this move will do the trick.
