Art Vivant's Controlling Holder Skips Orsay's Tender, But Will Vote to Squeeze Out the Rest
Katsu Corporation, the holding company tied to Art Vivant founder Katsumi Nozawa, has agreed to keep its 33.76% stake out of Orsay Co.'s buyout tender while promising to vote afterward for a squeeze-out that would leave only Orsay and Katsu Corporation as shareholders.