Sony (SNE) CEO Kazuo Kirai told the company's shareholders meeting that it will take its time in...

|About: Sony Corporation (SNE)|By:, SA News Editor

Sony (SNE) CEO Kazuo Kirai told the company's shareholders meeting that it will take its time in considering Daniel Loeb's proposal to partially spin off its successful entertainment division and use the funds to boost its struggling hardware operations. "The entertainment business plays an important role in Sony’s future growth" and so shouldn't be let go, Hirai said. "This proposal strikes at the heart of what kind of company Sony ultimately will become in the future."