Fumio Ohtsubo, president of Panasonic Corp., left, speaks as

JAPAN - DECEMBER 19: Fumio Ohtsubo, president of Panasonic Corp., left, speaks as Seiichiro Sano, president of Sanyo Electric Co., listens during their joint news conference in Osaka, Japan, on Friday, Dec. 19, 2008. Panasonic Corp. offered to pay as much as 806.7 billion yen ($9 billion) to buy Sanyo Electric Co., gaining the lead in the global rechargeable battery market in Japan's biggest consumer electronics acquisition. (Photo by Tetsuya Yamada/Bloomberg via Getty Images)
JAPAN - DECEMBER 19: Fumio Ohtsubo, president of Panasonic Corp., left, speaks as Seiichiro Sano, president of Sanyo Electric Co., listens during their joint news conference in Osaka, Japan, on Friday, Dec. 19, 2008. Panasonic Corp. offered to pay as much as 806.7 billion yen ($9 billion) to buy Sanyo Electric Co., gaining the lead in the global rechargeable battery market in Japan's biggest consumer electronics acquisition. (Photo by Tetsuya Yamada/Bloomberg via Getty Images)
Fumio Ohtsubo, president of Panasonic Corp., left, speaks as
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