TITLE

Hitachi Launches Takeover Bid for Clarion

AUTHOR(S)
Taylor, Colleen
PUB. DATE
October 2006
SOURCE
Electronic News;10/16/2006, Vol. 52 Issue 42, p41
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Hitachi Ltd. has signed a basic agreement with Clarion Co. Ltd. and decided to purchase additional shares of Clarion through a takeover bid. Clarion has established strengths in the planning and development of in-vehicle entertainment systems such as audio-visual and navigation systems and devices, as well as in marketing capabilities that have been applied in the aftermarket and with automakers around the world, including Japan.
ACCESSION #
22890948

 

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