The Federal Trade Commission on Tuesday approved the $9 billion merger of Panasonic Corp. and Sanyo Electronic Co. -- on one condition. To satisfy the FTC's anti-competitive concerns, Sanyo must sell its portable nickel metal hydride battery business, including a manufacturing plant in Japan. The two companies are the world's largest makers of such batteries, which power products including two-way radios used by police and fire departments throughout the United States.
November 25, 2009 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
The Federal Trade Commission on Tuesday approved the $9 billion merger of Panasonic Corp. and Sanyo Electronic Co. — on one condition.
To satisfy the FTC’s anti-competitive concerns, Sanyo must sell its portable nickel metal hydride (NiMH) battery business, including a manufacturing plant in Japan. The two companies are the world’s largest makers of such batteries, which power products including two-way radios used by police and fire departments throughout the United States.
Presented by BigVoodoo
Join General Counsel and Senior Legal Leaders at the Premier Forum Designed For and by General Counsel from Fortune 1000 Companies
This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.
Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!
Duane Morris LLP seeks a highly motivated junior associate to join its dynamic and growing Labor and Employment Class Action group in Chicag...
Duane Morris LLP seeks a full-time staff litigation attorney who has practiced between 3-5 years. Experience will include drafting motions, ...
Duane Morris LLP has an immediate opening for a senior level, highly motivated litigation associate to join its dynamic and growing Employme...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
