"The No. 1 shareholder, with a stake of 23.9%, is independent asset management firm Sparx Group Co. (8739). "It will be hard for Pentax to survive on its own in five to 10 years' time," Sparx President Shuhei Abe says."
I'm not saying the sky is falling. But I also would not be surprised if the recent posturing is not just a way to further up the ante/purchase-price of Pentax. If that threshold is met, Hoya could acquire the most profitable part of the business, while possibly selling off or eliminating the underperforming 2% profit camera-side of the business. Remember, during most acquisitions, mergers, shutdowns, the modus operandi is business as usual until the day an announcement is made. We've seen that in operation already with the way the Samsung partnering was announced, the way the merger was announced, and now the suddenness with the backing away from the deal. Time will tell. Tom C. -- PDML Pentax-Discuss Mail List [email protected] http://pdml.net/mailman/listinfo/pdml_pdml.net
