Myojo Foods, Co. LTD1

  • Reference: AESE-F-A-683(I)-E

  • Year: 2006

  • Number of pages: 9

  • Geographic Setting: Japan

  • Publication Date: Mar 1, 2007

  • Source: AESE (Portugal)

  • Type of Document: Case

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Description

This case presents the tender offer made by Steel Partners to buy the stock of Myojo Foods, a Japanese noodle maker. It may be used to present the dynamics of prices after tender offers and the impact that the emergence of a white knight has on the market. It may also be used to discuss different cultural views on corporate ownership and culturally based reactions to hostile bids.

Keywords

Tender offers