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Sanyo denies Merger Talks with Matsushita

Posted on Mon, 28 Apr 2008 01:00:00 CDT | by Luigi Lugmayr

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Sanyo denies Merger Talks with Matsushita

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Sanyo issued a statement denying media reports of a possibly merger with Matsushita.

The information picked up by Reuters is from the Japanese Yomiuri newspaper.
Sanyo says that this information is not announced by SANYO or Matsushita, and are untrue.

Still the Sanyo stock rose by about 9%.
Via the Sanyo site.



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Posted on Mon, 28 Apr 2008 01:00:00 CDT | by Luigi Lugmayr

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