NEW YORK -- U.S. activist fund Dalton Investments sent a letter to Japanese broadcaster Fuji Media Holdings on Thursday outlining a proposal to take the group private through a management buyout.
Media & Entertainment
U.S. activist fund Dalton pushes Japan's Fuji Media for management buyout
Plan would take Japanese broadcaster private to follow through on restructuring
Dalton Investments has been calling for Fuji Media to improve capital efficiency. (Photo by Nikkei)
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