TOKYO -- Makino Milling Machine, a Tokyo-listed machine tool manufacturer, announced Thursday that it has decided to oppose a takeover bid by Japanese motor maker Nidec.
Machine tool maker aims to activate poison pill as tender offer gets underway

Makino Milling Machine's machine tools: The company's board of directors will oppose a takeover bid by motor manufacturer Nidec.
TOKYO -- Makino Milling Machine, a Tokyo-listed machine tool manufacturer, announced Thursday that it has decided to oppose a takeover bid by Japanese motor maker Nidec.