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HIKARI TSUSHIN INC to Fully Acquire Japan-based Company through Stock Swap

Monday, 30 Sep 2013 03:00am EDT 

HIKARI TSUSHIN INC announced that it has decided to fully acquire a Japan-based company, engaged in planning and operation of fashion related media and contents, through stock swap, effective January 1, 2014. One share of the target company's stock will be exchanged with 0.235 shares of the Company's stock. The Company will use 7,570 shares of its treasury stock to acquire the target company. After this, the target company will become a wholly owned subsidiary of the Company. 

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14 Jul 2014