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After months of speculation about who would step in to save the scandal-ridden Olympus' rocky fortunes, Sony has finally opened up its checkbook. The two companies are entering into a \"business and capital alliance,\" with Sony pumping in $650 million to its former rival. In exchange, it's gaining

2 years ago 0 Comments
September 28, 2012 at 4:54AM
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Olympus's entire board handed in its resignation this week, but not before picking a new president and chairman to head up the scandal plagued imaging company. Hiroyuki Sasa, from its medical equipment marketing arm, has been named for the president spot, and Yasuyuki Kimoto, who served as an execu

2 years ago 0 Comments