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Elliott Management Statement on Toyota Industries Corporation
- Elliott Investment Management L.P. is the largest independent shareholder of Toyota Industries Corporation.
- Elliott does not plan to tender its shares in the Revised TOB and encourages other shareholders not to do so either.
- Elliott believes that the Revised TOB by Toyota Fudosan at ¥18,800 per share significantly undervalues Toyota Industries.
- Elliott disagrees with Toyota Fudosan's claim that the Revised TOB price reflects the intrinsic value of Toyota Industries.
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38 Articles
38 Articles
Coverage Details
Total News Sources38
Leaning Left3Leaning Right7Center14Last UpdatedBias Distribution58% Center
Bias Distribution
- 58% of the sources are Center
58% Center
13%
C 58%
R 29%
Factuality
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