Law360, New York (November 04, 2009) -- After negotiating with regulators in four countries, Panasonic Corp. on Wednesday announced its plans to make a tender offer valued at a minimum of $4.5 billion to acquire all shares of its rival Sanyo Electric Co.
Panasonic's board of directors resolved at a meeting on Wednesday to implement the tender offer, agreeing to pay 131 yen ($1.45) per share of Sanyo common stock and 1,310 yen...
