Foreign Firm Launches Counter Tender Offer for Digital HD at ¥2,380

The bid exceeds Hakuhodo’s earlier proposal, intensifying competition for control of Digital HD.

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Terms & Concepts
  • Tender Offer: A public bid to purchase some or all of shareholders’ stock in a corporation, often at a premium to market price.
  • Counter Tender Offer: A competing bid launched after an initial tender offer, typically to propose better terms and attract shareholder acceptance.
  • Digital HD: A publicly traded company in Japan, currently the target of competing acquisition bids.