Iwakaze makes a big play for GDH
Firm plans to buy 13,189 shares
More Articles:
Most Viewed:
MTV sets 'Avatar' webcast(3342 views)Steven Seagal Lawman(2620 views)Christopher Eccleston plays Lennon(2594 views)PGA announces TV noms(2419 views)McConaughey’s ‘Rooster’ at Fox(2229 views)Paramount lands 'Area 51'(2165 views) |
Iwakaze plans to buy 13,189 GDH shares, or 15% of the total, for 1.06 billion yen ($9.9 million) before Oct. 10.
The offered price per share is $74.65, compared with $82.12 per GDH share at the close of public trading on Sept. 9.
GDH’s prexy Shinichiro Ishikawa, executive VP/COO Yasushi Uchida and CFO Fumiaki Goto will depart, while a new prexy and management team will take over on Oct. 1.
GDH reported an operating loss of $32.6 million for the year ending in March.
GDH titles include the TV toon series “Afro Samurai” and the feature toon “Brave Story,” which GDH production arm Gonzo made with Fuji TV and Warners.
