It is decided that Sharp will be acquired by Hon Hai, the official contract on April 2, 2016

Sharp accepts the acquisition proposal by Hon Hai Precision IndustryAbout one month since we decided to make it, we finally announced that Hon Hai will purchase Sharp.

Hon Hai acquires Sharp at 388.8 billion yen Formal contract on the 2nd of next month: Asahi Shimbun Digital
http://www.asahi.com/articles/ASJ3Y011TJ3XPLFA017.html

Joint Press Release (PDF: 63KB)
(PDF file)http://www.sharp-world.com/corporate/news/160330.pdf

Hon Hai announced that he decided to acquire Sharp at a board meeting on Wednesday, March 30. Sharp also held a board of directors meeting on 30th and resolved to accept acquisition.

Total purchase is388.8 billion yenThe official contract will be held on Saturday, April 2.