Just as I thought, there is so much more to this than I've read and the facts were likely not included anyway.
Jack --- "P. J. Alling" <[EMAIL PROTECTED]> wrote: > Pentax management seem to be all old Pentax hands. They decided that > it > wasn't worth merging with Hoya if the Imaging division was going to > be > cut loose, which is what Hoya's CEO intimated was on the table. > Pentax > sees itself as a camera company, "otherwise why rename the company > after > a camera?) Hoya doesn't seem to be interested in making Pentax > cameras > only Pentax endoscopes. > > Jack Davis wrote: > > Why do I feel a Hoya/Pentax merge would strengthen the position of > > both, thus helping to insure their survival? I might, of course, > feel > > differently if I knew the minds of their respective management > teams > > and shareholders. > > My concern; is it a form of foreplay by Hoya? > > > > Jack > > --- Tom C <[EMAIL PROTECTED]> wrote: > > > > > >> Sparx owns about 30% of Pentax stock and another major investor > >> around 12%. > >> Getting close to 50%. > >> > >> Pentax's future is not just in the hands of it's management team. > >> > >> Excerpts from reports... > >> > >> 1.----------------- > >> > >> Pentax Corp.'s biggest shareholder Monday urged the optical > equipment > >> maker > >> to provide a proposal to improve shareholder value after it > abruptly > >> scrapped a plan to merge with a bigger rival. > >> > >> "We believe Pentax has an obligation to provide proposals to > improve > >> (its) > >> shareholder value" with a sense of urgency, Sparx said in a > >> statement. The > >> comments suggest that Pentax is under pressure to shape up its > >> business and > >> returns for its shareholders. > >> > >> "If Pentax's management decided to abandon (the merger deal) > without > >> rational alternatives, the action is extremely grave," Sparx said. > >> > >> 2.------------------- > >> > >> Sparx also said in a statement that a possible takeover bid from > >> Hoya for Pentax ''would be a fair method'' as it will allow Pentax > >> shareholders to decide on the envisioned integration of the two > >> companies. > >> > >> > >> 3.-------------------- > >> > >> Pentax said it will seek a way for broad management > >> integration with Hoya, after scrapping a merger plan with the > >> company earlier in the week, the Asahi newspaper said. > >> > >> > >> Tom C. > >> > >> > >> > >> -- > >> PDML Pentax-Discuss Mail List > >> [email protected] > >> http://pdml.net/mailman/listinfo/pdml_pdml.net > >> > >> > > > > > > __________________________________________________ > > Do You Yahoo!? > > Tired of spam? Yahoo! Mail has the best spam protection around > > http://mail.yahoo.com > > > > > > > -- > Entropy Seminar: The results of a five yeer studee ntu the sekend lw > uf thurmodynamiks aand itz inevibl fxt hon shewb rt nslpn raq liot. > > > -- > PDML Pentax-Discuss Mail List > [email protected] > http://pdml.net/mailman/listinfo/pdml_pdml.net > __________________________________________________ Do You Yahoo!? Tired of spam? Yahoo! Mail has the best spam protection around http://mail.yahoo.com -- PDML Pentax-Discuss Mail List [email protected] http://pdml.net/mailman/listinfo/pdml_pdml.net
