Want CNET to notify you of price drops and the latest stories?
X
iOS 17 Won't Support These iPhonesCNET CouponsWatchOS 10 Fitness PerksBest Solar CompaniesRemote Working in ParadiseBest Satellite Internet ProvidersMortgage RatesMeal Subscription vs. Takeout
Matsushita denies reorganization plans
Consumer electronics giant Matsushita Electric Industrial, best known for its Panasonic and National brands, denied on Wednesday media reports in Japan that it plans to transform five of its group companies into wholly owned subsidiaries through share exchanges. Although Matsushita is studying alternatives for reorganizing its operations, the company said, it has not yet decided to pursue any alternative to the current structure.
Natalie Weinstein Former Senior Editor / News
I spent a decade as a reporter and editor before joining the CNET News staff as a copy editor in 2000, right before the dot-com bust.
Expertise Copy editing. Curating, editing and reading newsletters of all stripes. Playing any word-related game, specifically Scrabble, Wordle and Boggle. Credentials
- I've been a journalist for more than three decades. I was a finalist in the 2021 Digiday Media Award for Best Newsletter.
true
Consumer electronics giant Matsushita Electric Industrial, best known for its Panasonic and National brands, denied on Wednesday media reports in Japan that it plans to transform five of its group companies into wholly owned subsidiaries through share exchanges. Although Matsushita is studying alternatives for reorganizing its operations, the company said, it has not yet decided to pursue any alternative to the current structure.