Yoshimoto deal enters final stageNov 03, 2009 TOKYO The final stage of Japans leading talent agency Yoshimoto Kogyo going private is underway, led by a TV networks consortium in a 54 billion yen ($600 million) deal. The open tender offer for shares ended last week with the Quantum Entertainment consortium in a position to buy 88.5% of Yoshimoto shares at 1,350 yen ($15) each. The outstanding stock is also expected to be acquired and Yoshimoto delisted from the Osaka and Tokyo exchanges. The Quantum consortium, created...More |
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