AAPL Stock: 118.03 ( -0.85 )

Subscribe to this page now.

Panasonic rumored to buy majority Sanyo stake

11/03, 3:55pm

Panasonic to buy Sanyo?

A weekend report reveals a Japanese newspaper and news agency are reporting electronics maker Panasonic may buy majority stake in Sanyo Electric before 2009. While the news is unofficial, Sanyo has made a statement saying it is considering options of selling its preferred stock shares but is yet to make a decision. Panasonic's press release, meanwhile, simply reads the company has not made such an announcement, but nothing was yet decided in regards to the rumored purchase, confirming the two companies are in talks.



Connect with Us

FREE Apple, iPhone and Mac Newsletter

  • We will not share your email address with anyone.

    Follow us on Facebook


    Most Popular


    Recent Reviews

    Ultimate Ears Megaboom Bluetooth Speaker

    Ultimate Ears (now owned by Logitech) has found great success in the marketplace with its "Boom" series of Bluetooth speakers, a mod ...

    Kinivo URBN Premium Bluetooth Headphones

    We love music, and we're willing to bet that you do, too. If you're like us, you probably spend a good portion of your time wearing ...

    Jamstik+ MIDI Controller

    For a long time the MIDI world has been dominated by keyboard-inspired controllers. Times are changing however, and we are slowly star ...


    Most Commented