1354 — Pioneer and NEC conclude the stock transfer agreement on Plasma Display business

Jul 5, 2004 | Conteúdos Em Ingles

Pioneer Corporation and NEC Corporation have officially concluded the stock transfer agreement, following their Memorandum of Understanding established in February.

In accordance with this agreement, NEC will transfer to Pioneer all the shares it holds in its subsidiary, NEC Plasma Display Corporation and all the intellectual property rights on plasma displays NEC holds. This process is scheduled to be effective by September 30.


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