Panasonic, Sanyo in talks on takeover

Deal would create one of the world's largest electronics companies

Panasonic shares fell 3.8 percent to 1,528 yen ($15.7). Sanyo edged down 0.5 percent to 203 yen ($2).

The invitation to the news conference came shortly after trading ended in Tokyo, but the issues jumped earlier in the week on Japanese media reports an announcement was imminent.

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