2005/09/27

For the Shareholder's Sake
2005.03.11 17:31

Now( 3:09a.m. on the 11th of March) I heard the news that the Tokyo District Court made a clear decision over 'this sheer illegality', as I made a clear statement in my latest JE, they made a complete just judge. Issuing new shares warrant made it illegal.
Now I took a deep breath. Satisfied, they made a right decision. Besides I've got to say for the benifit of the shareholders over TOB(take-over-bid).
Several companies who held shares of Nippon Broadcasting System responded to Fuji's TOB, one share for $595, but their market value was $605, which means, less than market value, which is absolutely against the benefit of shareholders, if sued by shareholders, they -that several companies have never chances to win.

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