Court nixes Steel Partners' appeal over Bull-Dog's takeover defense

Court nixes Steel Partners' appeal over Bull-Dog's takeover defense

TOKYO, Japan - Photo taken on July 9 shows the head office of Bull-Dog Sauce Co. in Tokyo's Kabutocho. The Tokyo High Court said earlier in the day that Bull-Dog Sauce Co.'s planned issuance of equity warrants to block a takeover attempt by Steel Partners will not run counter to the principle of shareholder equality. The court described the U.S. hedge fund as ''an abusive acquirer.''

Search abandoned for acquirer of failed Daiichi Mutual

Search abandoned for acquirer of failed Daiichi Mutual

TOKYO, Japan - Yuzuru Araki, administrator of failed Daiichi Mutual Fire & Marine Insurance Co., speaks at a news conference in Tokyo on Jan. 17. He said he has given up efforts to find a financial institution willing to acquire the midsize casualty insurer.

Court nixes Steel Partners' appeal over Bull-Dog's takeover defe

Court nixes Steel Partners' appeal over Bull-Dog's takeover defe

TOKYO, Japan - Photo taken on July 9 shows the head office of Bull-Dog Sauce Co. in Tokyo's Kabutocho. The Tokyo High Court said earlier in the day that Bull-Dog Sauce Co.'s planned issuance of equity warrants to block a takeover attempt by Steel Partners will not run counter to the principle of shareholder equality. The court described the U.S. hedge fund as ''an abusive acquirer.'' (Kyodo)

Search abandoned for acquirer of failed Daiichi Mutual

Search abandoned for acquirer of failed Daiichi Mutual

TOKYO, Japan - Yuzuru Araki, administrator of failed Daiichi Mutual Fire & Marine Insurance Co., speaks at a news conference in Tokyo on Jan. 17. He said he has given up efforts to find a financial institution willing to acquire the midsize casualty insurer.