Goldman Sachs (GS) breaks off talks to sell its stake in Sanyo (SANYY.PK) after Panasonic's (PC)...

|About: Goldman Sachs Group Inc. (GS)|By:, SA News Editor

Goldman Sachs (GS) breaks off talks to sell its stake in Sanyo (SANYY.PK) after Panasonic's (PC) offer price comes in too low. With $10B in cash and cash equivalents, Panasonic will likely come back with a better offer.