[marty370]

TOKYO--Sony Corp. said Tuesday that it will make So-net Entertainment Corp. a wholly owned subsidiary through a stock swap effective Jan. 1. The Japanese electronics and entertainment giant has already boosted its stake in the Internet access service provider to 95.95% through a tender offer between Aug. 10 and Sept. 20. But it will conduct a stock swap to obtain all issued shares in So-net. Under the deal, one So-net share will be exchanged for 706 Sony shares. As a result, So-net's shares will be delisted from the Tokyo Stock Exchange Dec. 26.

http://www.marketwatch.com/story/son...nit-2012-12-04