Dow Jones Newswires: Nippon Television acquires iconic animation company Studio Ghibli


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Nippon Television Holdings shares JP:9404 rose sharply Friday morning following its plan to acquire shares in Studio Ghibli to make the animation powerhouse a subsidiary.

The shares were recently 12% higher at 1,544.0 yen ($10.46) after rising as much as 22% earlier.

Nippon Television said Thursday after market close that it would become the…

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Alexandra Williams
Alexandra Williams
Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

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