3 shareholders to sell Sanyo shares for 131 yen to Panasonic

OSAKA, Japan - File photos shows headquarters of Panasonic Corp. (L) and Sanyo Electric Co. (R), both based in Osaka. Panasonic and three major Sanyo Electric shareholders have agreed the three will sell each Sanyo share for 131 yen in a tender offer Panasonic will launch, informed sources said Dec. 18.

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2008 Kyodo News

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