Ericsson: Ericsson starts negotiations on ownership of ST-Ericsson

STOCKHOLM, SWEDEN–(Marketwire – Dec 10, 2012) – Ericsson (NASDAQ: ERIC) today announced
that it will continue to work together
with STMicroelectronics (NYSE: STM) to find a suitable strategic solution
for the
two companies Joint Venture ST-Ericsson. STMicroelectronics has today
announced
its intention to exit as a shareholder in ST-Ericsson.

Source: http://www.marketwire.com/mw/release.do?id=1735325&sourceType=3