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URGENT ¥¥¥ Shares in Sharp jump 17% on Samsung tie-up reports

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(Globalpost/GlobalPost)

Shares in struggling Japanese electronics maker Sharp jumped 17 percent on Wednesday after media reports of a $108-million tie-up with South Korean giant Samsung.

Shares in Sharp opened up 17.06 percent at 350 yen on the Tokyo Stock Exchange before easing slightly to 344 yen.

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http://www.globalpost.com/dispatch/news/afp/130305/urgent-shares-sharp-jump-17-samsung-tie-reports