Pioneer has agreed to sell itself (except for aftermarket and OEM car audio) to Baring Private Equity Asia, which will own 51% of the company. Onkyo and Pioneer will split 49%, but how that will be split between them hasn't been announced (I'm guessing 39% to Onkyo and 10% to Pioneer).
I hope that means back office functions and distribution and not design. I would hate to see Pioneer become Onkyo with a Pioneer label on it.
