Japan's Z Holdings, Yahoo and Line announce merger

Internet companies intend to speed up decision-making and reignite growth

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Line President and CEO Takeshi Idezawa will become president of Z Holdings on April 1.

Nikkei staff writers

TOKYO -- Japan's Z Holdings announced that it will merge with its two wholly owned subsidiaries -- internet portal Yahoo Japan and messenger app LINE -- in an effort to revamp operations and speed up decision-making.

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