Panasonic and Sanyo change status to "it's complicated"
You know you've heard it from two lovebirds in junior high: "we're not going out, we're just talking." In a completely bizarre way, that's about the best way we can sum up what's apparently going on between Panasonic and Sanyo Electric. According to an unnamed company official "familiar with the negotiations," Panny is already in talks with Goldman Sachs, Daiwa Securities SMBC and Sumitomo Mitsui Banking about snapping up a "controlling stake in its smaller rival." Reportedly, these "talks" are at the so-called preliminary stage, and dialog regarding dollars and cents (and yen, probably) has yet to officially occur. Still, the insider asserts that a formal acquisition proposal will be submitted soon, potentially enabling Panasonic to quickly grab a "world-class" (wait, really?) battery operation and give it a leg-up in the exploding solar energy market. Stay tuned for more -- you know the unpredictable always happens on Saturday nights.
[Via Bloomberg]
[Via Bloomberg]



















awesome facebook reference.
I literally lol'd
*Panasonic's fb home page*
Darren Murph commented on your relationship status.
Freaking Awesome.
well knowing sanyo's battery issues, is it safe to assume there will be a recall on said exploding solar energy market?
haha there already is a recall! - check it out - http://www.youtube.com/watch?v=TcCnDbKR9s4
hahahaha thats awesome. I nominate it to replace rickrolling.
While I normally disapprove of links to unrelated YouTube videos, that was pretty funny lol.
How was that funny?
the title of this article gave me a good hardy laugh.
mmm Junior High girls... Oh wait that's not what this article is about! >.>
I know! Posts about facebook and batteries always remind me of junior hig... wait, wtf?
I need an adult! I need an adult!
YAWN!
i know what you mean, you ^are^ a boring fucktard
the title of the post is hilarious!
"It's complicated" means "We're not going out, we're just talking?" I always thought it was something along the lines of "We don't really like each other but the sex is great."
the latter seems to work just fine for this one.
Sanyo does make some great batteries, Engadget. Or have you forgotten about Eneloop?
...or the fact that Sony and Panasonic themselves have also had their batteries recalled. It's just poking fun at the matter and generating more hits, nothing to be concerned about.