Toshiba Machine to seek shareholders approval for takeover defense
Japan’s Toshiba Machine said weekend it would seek shareholders’ approval if it decides to adopt defense measures against a hostile takeover, agreeing to demand from a prominent activist investor targeting the molding machine company. The former Toshiba Corp (6502.T) unit has threatened to implement “poison-pill” defense as investor Yoshiaki Murakami on Tuesday launched a […]
