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June 22, 2012

Bachelorette update: Olympus to receive 50 billion yen from Sony? [corrected]

Reality TV fans, we have an update for you, on the twisty and turny Olympus Bachelorette reality TV show! New talk in Japan is that Sony will invest 50 billion yen (over $600 million USD) in Olympus, making them their top shareholder with over 10% in equity. As with previous Olympus tie-up rumor/news, take it with a grain of salt until it is signed, sealed, and delivered. Via Reuters, Yahoo Finance.

But not everyone appears to like this idea. Le Wall Street Journalle has a behind-the-paywall post, stating "Olympus is Not Heavenly for Sony".

CORRECTION: the $ (dollar sign) has been removed from the billion yen amounts. It is one of the "biological macros" of typing. Thanks to Ranger9 for the alert!


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