Elliott Opposes Toyota Group Buyout, Proposes Standalone Plan
Elliott Investment Management opposes the proposed ¥6.1 trillion ($39 billion) privatization of Toyota Industries Corp., urging other minority shareholders to resist the bid and arguing it could achieve greater value...
By Nicholas Takahashi · Bloomberg
Elliott Investment Management opposes the proposed ¥6.1 trillion ($39 billion) privatization of Toyota Industries Corp., urging other minority shareholders to resist the bid and arguing it could achieve greater value on its own.