Commencement of Tender Offer by a Subsidiary
October 22, 2014
(Yahoo Japan Corporation)
Yahoo Japan Corporation (the first section of the Tokyo Stock Exchange, code 4689, “Yahoo Japan”), a subsidiary of SoftBank Corp. (the “Company”), has resolved as set out in the attached at its board of directors meeting on October 22, 2014, to commence a tender offer (the “Tender Offer”) as a part of a transaction to make Carview Corporation (TSE Mothers, code 2155, “Carview”) a wholly-owned subsidiary of Yahoo Japan by acquiring all of its common stock, excluding common stock in Carview held by Yahoo Japan and treasury stock held by Carview, and all of its stock acquisition rights.
The impact of the Tender Offer on the Company's consolidated results of operations will be minor.
Outline of Yahoo Japan
|Address||9-7-1, Akasaka, Minato-ku, Tokyo|
|Name and title of the representative||Manabu Miyasaka, president and CEO|
|Common stock||JPY 8,276 million|
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