Lafiel said:
Well, in my opinion it's more of a sign to investors that the division can easily be sold off, if it continues to post bad results and might make things easier for potential buyers. Additionally it could "motivate" the Bravia management to improve the recovery efforts. Maybe it enables the cancellation of some old contracts with employees or supplers aswell, but I'm not sure about that one. |
Not so much cancellation but....
say Bravia TV company which is owned mostly by Sony goes out of buisness.
Well, they go bankrupt.
Guess who owes all those Bravia factory workers their pensions?
Bravia TV company.
Who owes companies for parts?
Bravia TV company.
Sony is just a stockholder... and probably just one of many.
At least i'm PRETTY sure that's how it works.
