Cerberus Capital Management LP's Dan Quayle, former U.S. Vice President, and John Snow, former U.S. Treasury Secretary, face Seibu Holdings Inc. shareholders as the private-equity company battles for control of the Japanese rail and hotel operator.
Cerberus, Seibu's largest shareholder with a 35.5 percent stake, has recommended Quayle, Snow and six others become directors at the unlisted company as part of a plan to boost profitability before selling shares.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]