Sony to take over Sony Ericsson?

Posted on Wednesday, March 18 2009 @ 18:34 CET by Thomas De Maesschalck
Word is going around that Sony may acquire Ericsson's share in their joint Sony Ericsson cell phone business:
According to a German report, Ericsson is looking to sell Sony its share in their joint Sony Ericsson cellphone business. Sources familiar with the current situation claim that Sony has expressed an interest in taking sole control of the company, but that their own precarious financial position has left them negotiating with banks in order to clinch the deal.


About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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