Kakaku.com's Board Goes Neutral After a Rival Bid Beats the ¥3,000 Buyout
A ¥3,232-a-share rival proposal pushed Kakaku.com's board off its recommendation to tender into EQT's ¥3,000 buyout, and a Bain Capital vehicle is now lining up its own offer with 19.52% of the company already committed to tender.