UPDATE 1-Panasonic says to transfer Sanyo TV unit in U.S. to Funai Electric
October 26, 2014 at 01:21 AM EDT
TOKYO, Oct 26 (Reuters) - Panasonic Corp said it is transferring its Sanyo television unit in the U.S., which supplies sets to Wal-Mart Stores, to Funai Electric Co. of Japan in return for annual royalty payments.