Toyota Is Relying on Ties Over Price in Buyout Row With Elliott
Despite a tender offer that’s below market price and an aggressive counter-campaign waged by Elliott Investment Management, the Toyota group can count on a handful of loyal shareholders to subscribe...
By Reed Stevenson, Nao Sano · Bloomberg
Despite a tender offer that’s below market price and an aggressive counter-campaign waged by Elliott Investment Management, the Toyota group can count on a handful of loyal shareholders to subscribe to its buyout proposal of supplier Toyota Industries Corp.