Livedoor's Horie says firm will take legal action

TOKYO, Japan - Livedoor Co. President Takafumi Horie holds a press conference Feb. 23 after Nippon Broadcasting System Inc. said it will issue Fuji Television Network Inc. warrants for new shares to ward off Livedoor's takeover bid for the radio broadcaster. Horie said his firm will file a lawsuit with the Tokyo District Court, seeking a court order to bar the radio broadcaster's plan. (Kyodo)

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