TIEMCO LTD. [7501.T]

TOKYO, May 19 (Pulse News Wire) – TIEMCO LTD. (7501.T) announced that its board has expressed opposition to the tender offer by the bidder at ¥1,900 per share.

The board leaves the decision to tender to shareholders' discretion.

The company established an independent special committee to review the transaction.

Original Disclosure (PDF)

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