Investing in Japan

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Milking Mitsubishi UFJ

August 18th, 2008 · No Comments

Below are some additional thoughts on the latest MUFG-UB offer (these comments were originally posted in response to an article published by Reuters; edited for style/formatting).
UB’s (UB: 0.00 0.00%) Special Committee is very opportunistic and knows what it is doing. It has effectively taken its minority stake hostage vis a vis its board representation and […]

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Tags: Hedge Funds · M&A · Shareholder Value

MUFG Now Really Overpaying for Union Bank, Oh Well (Shikataganai)

August 18th, 2008 · 1 Comment

$58 a share — no! $63 a share — no! $73 a share — oh, sure, might as well, especially in this market. Hats off to Mr. Farman and company for helping the little guys at Union Bank (UB: 0.00 0.00%) get paid. Still scratching your head about what Mitsubishi UFJ (MTU: 5.10 -6.93%) […]

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Tags: M&A · Shareholder Value