Word: nishikawa
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...will win the merger fight. At an Aug. 12 press conference, executives from MTFG and UFJ announced that they had agreed to consolidate, a pairing that would create the world's largest bank, with assets of $1.7 trillion, outstripping U.S.-based Citigroup and Japan's Mizuho Holdings. But Yoshifumi Nishikawa, SMFG's iconoclastic CEO, has refused to bow out gracefully. Shortly after MTFG's deal was announced, he offered to merge with UFJ in a one-for-one stock swap valued at $29 billion?a generous 30% premium to UFJ's average market value over the past six months...
...terms of their offer. Although UFJ has said it is "prudently scrutinizing" SMFG's latest bid, analysts do not expect the MTFG deal to be aborted. "It's hard to imagine that UFJ will switch partners at this point," says Nozomu Kunishige, an analyst at BNP Paribas. Still, Nishikawa has another option: mount a hostile takeover by offering to buy out shareholders directly. On Aug. 17 he told reporters waiting outside his home that that was still a distinct possibility...
...mention that in each instance (past and present) their concerns were discussed and that the students were referred to several University officers, including Epps, for possible resolution of the complaints. Further, the issue raised in May 21 article regarding what happened between Dean Epps and University guest Lane Nishikawa, head of the Asian American Theatre Company, was brought to the attention of this office and its director by students and Mr. Nishikawa himself. We hope for the sake of all parties involved, that the fall meeting requested in the letter from the AAA will take place and will resolve this...
...express any show of support for AAA's protest of the omission of any Asian American representation upon the three panel discussions, nor did he ever acknowledge the wrong and offer an apology. Secondly, when AAA (along with Harvard Foundations, E4A, and the Office for the Arts) invited Lane Nishikawa--a prominent Japanese American actor/writer/director--to perform at Harvard, Dean Epps deeply offended Nishikawa with a racially insensitive remark...
Other Harvard men filling important positions were A. Jerome Himelhoch '38, who served on the Nominating Committee and as co-chairman of the labor discussion round table, and H. Van Buren Cleveland '38, chairman of the opening session of the convention. Reizo Nishikawa '40 was secretary of the convention, and Harold L. Stubbs '39 official recorder...