March 15, 2007
Citigroup Tender Offer for Nikko Cordial Goes Forward
Citigroup is going forward with its tender offer for all shares of the Japanese brokerage firm Nikko Cordial and will not raise the offered price of 1700 yen, although some shareholders complain it is too low. See WSJ, Citigroup Won't Lift Its Nikko Bid Further.
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