Sony has sold off its shares in Square Enix, it's being reported this morning.
Siliconera notes that the Japan hardware giant will be selling all of its shares in Square Enix Holdings Co., Ltd. in the upcoming days.
"Sony Computer Entertainment Inc., a fully owned subsidiary of Sony, have come to an agreement with SMBC Nikko Securities Inc., one of Japan’s three largest brokerage firms, for the transfer of 9,520,000 shares they had in Square Enix," says the site.
"This transfer is expected to amount up to a total of about 4.8 billion yen (roughly $47 million) of additional profits for Sony’s first quarter of 2014."
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