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Panasonic (PC) offers ¥120 ($1.25) per share in its Sanyo (SANYY.PK) takeover bid, reports...

Panasonic (PC) offers ¥120 ($1.25) per share in its Sanyo (SANYY.PK) takeover bid, reports the Nikkei newspaper. Major shareholder Goldman (GS) is said to be seeking ¥250 to ¥300/share. Panasonic says it has not yet decided on an offer price.
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