Yoshimoto deal enters final stage

Nov 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