In May, the US asset management company Third Point proposed that Sony should spin off its entertainment arm and sell 15 to 20 percent of its shares on a US stock market. The US hedge fund is a major Sony shareholder.
Third Point thinks the money could be better spent rebuilding the company's electronics division.
Sony officials say they will reject the proposal at a board meeting as early as next week. They believe the entertainment arm can contribute to the company's future growth if it's run in combination with its electronics business that includes TV and video games.
Source: NewsonJapan
