TOKYO -- Japanese systems developer Fuji Soft has rejected U.S. investor Bain Capital's new, higher takeover offer, in the latest twist in a closely watched bidding war between two private equity groups.
Business deals
Fuji Soft opposes Bain's sweetened takeover offer
U.S. firm has countered KKR bid backed by Japanese company's board
Bain's revised offer is higher than the offer from KKR, whose bid has the approval of Fuji Soft's board. (Photo by Shihoko Nakaoka)
Read Next
Latest on Business deals
