Unravel The Experience
Sunday, November 2, 2008
Panasonic will buy Sanyo
Sanyo hanging on the edge because of the bad economy. Panasonic on the rescue. Panasonic is already in preliminary talks with Sanyo's top three shareholders -- Goldman Sachs, Daiwa Securities and Sumitomo Mitsui Banking Co -- to buy their shares and take control of Sanyo.
This is another direct effect to a very problematic economy.