Bain Capital plans to launch a tender offer for Fuji Soft despite board disapproval.

From Investing.com: 2024-12-17 22:20:34

Bain Capital plans to launch a tender offer for Fuji Soft shares without the approval of the target firm’s board after being turned down for a higher offer by rival KKR. Bain cited concerns over Fuji Soft’s response and plans to move forward with the offer regardless. Fuji Soft’s board supports KKR’s bid, stating that Bain’s offer is not viable.



Read more at Investing.com: Bain defies Fuji Soft board with plan to launch tender offer By Reuters