Sony plans to raise funds for its internet activities with the issue of a tracking stock. The company will issue tracking stock for Sony Communication Network Corp., an I...
Sony plans to raise funds for its internet activities with the issue of a tracking stock. The company will issue tracking stock for Sony Communication Network Corp., an Internet service provider that is expected to play a role in Sony's online plans. The total value of the issues has yet to be determined, and Sony has called a January 25 shareholders meeting to discuss the issue. Sony will be the first company to issue a tracking stock in Japan.
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