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Oasis Urges Nidec to Begin Preliminary Review of Privatization Options
BusinessWire ·
BusinessWire reports: Oasis Management Company Ltd. (“Oasis”) is the manager of funds that own shares in Nidec Corporation (“Nidec” or the “Company”). As a long-term shareholder, Oasis has continued to engage with the Company on restoring corporate value and improving governance. Oasis is deeply disappointed by Nidec’s recent disclosures. Oasis strongly urges Nidec’s Board of Directors to promptly begin a preliminary review of privatization options. Specifically, Oasis calls on the outside…