No longer rumors: Panasonic buying Sanyo?

It late April 2008 rumors surfaced that Panasonic was interested in absorbing Sanyo. The companies denied those rumors then, but now it looks like they are negotiating a deal for real.

Panasonic's profitable financial results in an era where most companies are having bad quarters or years, are quite impressive, and that perhaps may give them the opportunity to snatch the financially troubled Sanyo. More details at the JCN Network, and the computer-translated digitalcamera.jp.