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Korea M&A Corporation
Myojo Foods Opposes U.S. Takeover Bid
TOKYO (AP) - Japanese instant noodle maker Myojo Foods Co. said Tuesday it is opposed to a takeover bid launched by Steel Partners Japan, saying it would rather implement its own business plans.Steel Partners launched a 29.82 billion yen (US$253.96 million; euro199.7 million) takeover bid for Myojo Foods on Friday, still a rare move in a country where consensus and negotiation, not direct appeal..
News/M&A
2006. 11. 3. 10:21