Sony Acquires Bertelsmann's 50 Percent Stake In Sony BMG; Drops BMG From Name

The second largest record company in the world is now all Sony's. Bertelsmann's 50 percent stake in Sony (NYSE: SNE) BMG has been acquired by Sony Corp. in a purchase that values the entire company at nearly $1.8 billion, according to the WSJ. Under... 1 month ago