TEAC Announces Alliance with Onkyo

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Publication: Musical Merchandise Review
Date published: March 1, 2012

As part of its corporate goal to enhance shareholder value and meet the demands of a changing marketplace, TEAG Corporation has announced a strategic alliance with Onkyo Corporation.

Through this partnership TEAG and Onkyo will acquire shares of each other's stock. The companies are exploring ways to share manufacturing facilities, logistic centers, and research & development resources.

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