TOKYO -- Unizo Holdings plans to delist via an employee buyout backed by U.S. fund Lone Star Global Acquisitions, the Japanese hotel chain said Sunday, possibly ending a monthslong takeover feud.
Business deals
Unizo opts for employee buyout amid takeover battle
US fund Lone Star throws weight behind acquisition of Japanese hotelier
The logo of Hotel Unizo, under Japanese hotel operator Unizo Holdings, at the entrance of a Tokyo location. © Reuters
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