Panasonic, formerly known as Matsushita Electric Co. and Sanyo have begun merger talks this week. A deal would make Sanyo a wholly-owned subsidiary of the Japanese consumer electronics giant. The latest rumor has Panny ready to spring as much as $10 billion to close the deal. However, such a deal could mean less to the electronics consumer as it does to the automotive industry.
Discuss "Panasonic, Sanyo Talk Merger" here.
Read the article.