Misc -- Engadget

Matsushita to sell JVC to Kenwood?

by Ryan Block posted Dec 23rd 2006 at 8:04PM

Dizamn, chalk this up to buyouts we didn't see coming; reports are starting to hit the wires that Matushita (aka Panasonic), which owns the controlling share (52.4%) of Victor Company of Japan (aka JVC) is apparently considering selling the unit to Kenwood. Although talks have supposedly been ongoing since earlier this month, Matsushita is apparently refusing to comment. Naw, probably won't affect you and your general buying habits -- it's not like JVC would be going to D&M to be dismantled for its IP -- we just thought you might like to know.

Read - Matsushita reportedly in talks with Kenwood
Read - "No comment."