Correction: NOT WSJ but Yahoo Finance: Olympus one of 10 brands to disappear in 2014

Started May 26, 2013 | Discussions thread
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rrr_hhh
rrr_hhh Veteran Member • Posts: 6,019
Re: WSJ: Olympus one of 10 brands to disappear in 2014

dpreviewreader wrote:

rrr_hhh wrote:

Y1981 wrote:

IMO the worst thing could happen to Olympus is to be bought by Sony or something like that.

But Sony already has 51% of the Olympus shares. that is how Olympus solved its financial woes After the scandal of the last wo years.

Sony has 10% stake in Olympus, not 51%.

http://www.reuters.com/article/2012/09/25/us-sony-olympus-idUSBRE88O0AE20120925

I think that you are right after all, it must be the new members who entered the board (aka bankers etc.) who have 51% not Sony alone, but I think that Sony as the buggest shareholder has got something like the presidency of the board ?

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rrr_hhh

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