By Staff, June 25, 2007
Kenwood has agreed to merge with Victor Co. of Japan (JVC), under a holding company in 2008, according to a Nikkei report Friday.
Kenwood had informed JVC parent Matsushita Electric Industrial Co. Friday that it would agree to a proposal for a merger with the struggling subsidiary, according to the report.
Click here to read the full article by Greg Tarr in Twice.
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