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Friday, October 7, 2011

Dear Sony: Just Buy Out Ericsson’s Stake Already

As it stands, Sony Ericsson is the 6th largest mobile phone manufacturer in the world, but Sony may be looking into going it alone. According to a new report from the Wall Street Journal, Sony is close to finalizing a buyout of Ericsson's stake in their joint venture.According to the usual unnamed sources, current talks are tenuous at best. That doesn't seem to have dampened Sony CEO Howard Stringer's mood: he reportedly wants the deal finalized as soon as possible.]]>

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