(Reuters) - TOKYO, June 11 - Japanese high-tech glass maker Hoya Corp. said on Monday it will delay launching its tender offer for Pentax Corp. to mid-June or later, while it discusses the proposed takeover with financial regulators.
Hoya's offer of 770 yen for each Pentax share will remain unchanged, but the company is in talks with Financial Services Agency officials about other changes to raise the chances of the bid's success, such as lowering the minimum number of shares it seeks, said Hoya spokeswoman Akiko Maeyama.
Read more at Reuters.com Government Filings News
Hoya's offer of 770 yen for each Pentax share will remain unchanged, but the company is in talks with Financial Services Agency officials about other changes to raise the chances of the bid's success, such as lowering the minimum number of shares it seeks, said Hoya spokeswoman Akiko Maeyama.
Read more at Reuters.com Government Filings News
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