http://tinyurl.com/2la524
>From Reuters... The move to overthrow Pentax's current management comes after Watanuki told Sparx in a meeting last week that he rejected the earlier merger plan though he hadn't mapped out an alternative to Hoya's proposal, the source said. Although Watanuki has denied that he was opposed to the merger plan with high-tech glass maker Hoya, local media have reported that the majority of the Pentax board, including the new president, went against Urano for having been open to the possible sale of the company's camera business. Pentax, which had been a pioneer in cameras with removable lenses for professionals and advanced amateurs, has lost out in the shift to digital devices. Its market share in the global digital camera market stands at just 2.3 percent. -- PDML Pentax-Discuss Mail List [email protected] http://pdml.net/mailman/listinfo/pdml_pdml.net
