Wednesday, July 4, 2007

Private equity bidding for Livedoor's Yayoi-sources

(Reuters) - Japanese Internet firm Livedoor bought Yayoi in November
2004 from Japanese private equity firm Advantage Partners for
about 20 billion yen , sources have said.




Since then Livedoor has suffered a series of setbacks. Its
shares were delisted last year after its founder Takafumi Horie
was imprisoned for securities fraud.


Read more at Reuters.com Mergers News

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