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There are an answer and then direct say that it has more business have lives -- -- Diane heyday in those shares into line brands are trading higher in the pre market after the industrial products supplier agreed.
To be acquired by a private equity group led by Goldman Sachs capital partners and for nearly 812 million dollars the offer of 25 dollars and fifty cents a share is important -- percent premium to the stock's close on Friday.
Meanwhile get the latest on home prices this morning at 9 o'clock eastern with the S&P case Shiller report for march.
Prices are expected to remain unchanged on a non seasonally adjusted basis from February march and they're expected to be down by two point 6% from this time last year.
Major layoffs could be on the way at Panasonic's headquarters in Osaka Japan and the -- the electronics company is reportedly considering slashing its workforce to 7000.
Panasonic has been trying to streamline its business after reporting a record loss in the last fiscal year.
A person familiar with the matter says the cuts will likely involve early retirement but some people may be moved to other departments when plans are finalized this fall.
Earnings a major consumer electronics makers like Panasonic Sony and sharp.
Had deteriorated in recent years due to competition from Samsung and of course apple.
Japanese company -- -- is set to become one of the world's largest grain traders.
The trading houses agreed to by the US is cattle on group for three point six billion dollars.
It's -- many biggest deal ever and largest cross border acquisition by Japanese companies so far this year according to the research firm geologic.
Japanese trading house -- have been aggressively buying assets overseas to secure natural resources and commodities.
-- -- group is the third largest grain handler in the US behind archer met Daniels Midland.
And -- Day in back to you wouldn't bet.
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