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None of them seems to make any sense ...

The first option wants to stay independent last I heard. With the second option, you could get the most out of just a partnership for outsourcing purposes. The third option is already owned by a publisher. The fourth option was independently reformed so no way to tell how well their first project will turn out before recognizing if their staff is talented. Out of them all, the last option seems to be the most viable since the studio could have potential to produce the blockbusters Sony needs ...

If Sony wanted an acquisition then it should be a whole publisher like Bandai Namco, Capcom, or Square Enix ...