(Reuters) - On Monday, the Tokyo High Court rejected Steel Partners'
attempt to block Bull-Dog from erecting anti-takeover defences
aimed at thwarting the hedge fund's $260 million takeover bid.
The defences involve issuing stock acquisition rights on July
11 aimed at diluting Steel Partners' shareholding from 10 percent
to less than 3 percent.
Read more at Reuters.com Mergers News
attempt to block Bull-Dog from erecting anti-takeover defences
aimed at thwarting the hedge fund's $260 million takeover bid.
The defences involve issuing stock acquisition rights on July
11 aimed at diluting Steel Partners' shareholding from 10 percent
to less than 3 percent.
Read more at Reuters.com Mergers News
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