Results of Tender Offer by a Subsidiary (GungHo Online Entertainment, Inc.)
GungHo Online Entertainment, Inc. (JASDAQ Standard, code 3765, “GungHo”), a subsidiary of SoftBank Corp. (the “Company”), resolved at its board of directors' meeting held on April 28, 2015 to repurchase its own shares and commence a tender offer as a specific measure for the repurchase (the “Tender Offer”) and implemented the Tender Offer from April 30, 2015. The Tender Offer was completed on June 1, 2015. Please see the attached notice for further details.
For the impacts of the Tender Offer on financial results of the Company, please refer to “3. Impact on Financial Results” of the press release “ Results of Tender in Tender Offer for Shares of a Subsidiary Accompanied by the Change in Scope of Consolidation ” issued today.
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