UPDATE 1-Japan’s Unizo to reject H.I.S. offer, raises spectre of hostile bid
Japanese hotel operator Unizo
Holdings Co said on Tuesday it would reject a bid by
H.I.S. Co to raise its stake, adding that the offer
lacked synergy and was priced low, setting the stage for a
potential rare hostile bid in Japan.
Holdings Co said on Tuesday it would reject a bid by
H.I.S. Co to raise its stake, adding that the offer
lacked synergy and was priced low, setting the stage for a
potential rare hostile bid in Japan.
Posted by Reuters