Apple/Sony Speculation Dismissed

Apple/Sony Speculation Dismissed

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Sony's stock may have risen on Monday amid speculation that Apple could attempt to take over the company, but the rally was shortlived, as analysts pooh-poohed the chances of such a move taking place.

According to Reuters, the author of the Barron's report that set the rally in motion backed off, calling it “pure speculation.” Analysts agreed that such an acquisition is unlikely to occur.

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