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Sony buying stake in Peanuts Holdings

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Japanese electronics maker Sony Corp.'s music unit announced plans to buy a stake in Peanuts Holdings, the company behind Snoopy and Charlie Brown.

Sony Music Entertainment entered a deal to buy 49 percent of the 80 percent stake owned by DHX Media.

The family members of "Peanuts" creator Charles Schulz will continue to own a 20 percent stake in the company.

Read more from The Associated Press.

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