Brief: Kakaku.Com Inc - Having Reviewed Proposal By Ly Corp-Bain, We Have Requested Discussions With Eqt-Digital Garage Consortium Regarding Change In Tender Offer Price

BRIEF-Kakaku.Com Inc - Having Reviewed Proposal By Ly Corp-Bain, We Have Requested Discussions With Eqt-Digital Garage Consortium Regarding Change In Tender Offer Price

- Kakaku.com Inc 2371.T:

  • HAVING REVIEWED PROPOSAL BY LY CORP-BAIN, WE HAVE REQUESTED DISCUSSIONS WITH EQT-DIGITAL GARAGE CONSORTIUM REGARDING CHANGE IN TENDER OFFER PRICE

  • INTEND TO ENGAGE IN NEGOTIATIONS WITH BOTH OFFERERS AND EVALUATE WHICH TRANSACTION WOULD ENHANCE CORPORATE VALUE AND SHAREHOLDER INTERESTS

  • BOARD CONTINUES TO SUPPORT EQT-DIGITAL GARAGE BID

  • WITHDRAWS RECOMMENDATION TO SHAREHOLDERS TO SUPPORT EQT BID, CHANGES TO NEUTRAL

Source text: ID:nTSsb8f39a

Further company coverage: 2371.T


Recent news on LY

See all news