
CX

Nippon Broadcasting, the radio comapny of Fuji Sankei group which Horiemon of Livedoor Co. longs to control, announced yesterday it would issue new share options just for Fuji Television.
This group's "empire strikes back" move could be a decisive one to counter the rebel's attack. Livedoor took the matter to court filing a lawsuit to suspend the group's new strategy. I don't know if this move is the only one Horiemon's got, but he's on the edge of going bankrupt and many of us would like to see if he has any other aces to serve on the field. A blitz by M&A Consulting ("MURAKAMI Fund", MAC Japan Active Shareholder Fund,L.P. http://www.maconsulting.co.jp/ said to hold a large bulk of Nippon Broadcasting shares) selling his big share to Horiemon and giving full control of the company before anything, might be the only way for a major come-from-behind victory.
Each time a conglomerate is attacked by a rising force, just use the hidden ball trick and issue share options to kill the enemy! Is that justice!?
P.S. Maybe a sense of justice is unnecessary in the new business world...
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