Monday, November 26, 2007

Sony sells "substantial" stake to Dubai investment firm

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Stringer-san, Hirai-San, everyone at Sony, say hello to your new part owners: Dubai International Capital, run by UAE Prime Minister and ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum. According to the Journal the investment is for a stake under 5% of the total company since there were no legally-required Japanese security filings to indicate otherwise. No real idea how much this chunk of Sony went for, but whatever it cost we're sure it was only a drop in the bucket for a dude with enough money to make Billy G. and Carlos Slim scoot over a seat at dinner. BTW, Sheikh RRAM (can we call you that?), do us a solid and get Sony to resurrect Aibo and QRIO, cool? Much love. [Warning: subscription req'd for read link]


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