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Old 08-22-2007, 11:42 PM  
Jennings
So Fucking Banned
 
Join Date: Nov 2006
Posts: 306
Quote:
Originally Posted by vidvicious View Post
lastly Matsushita has owned both JVC and Panasonic for as long as I can remember ... Matsushita Group currently operates 49 companies in China, with annual turnover reaching approximately 300 billion yen. What you read about some 7 months ago refered to Matsushita diluting holdings in JVC from 52.4% to 36.8%, allowing it to stop treating JVC as a consolidated subsidiary and handle it as an equity-method affiliate. allowing it's other holdings (pana) to pick up the slack. Matsushita has owned JVC since the early 1950s

This was some very simple copy and paste, general information ... .

shame on you Jennings

Panasonic does NOT own JVC and it never has. You said Panasonic owned jvc.

Shame! SHAME!
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