Oasis Urges Kakaku.com to Withdraw Support for EQT’s Buyout Bid

Kakaku.com Inc. shareholder Oasis Management Co. requested the company withdraw its support for EQT AB's buyout bid, stating the offer undervalues the company. The request marks a development in competing takeover attempts for the Japanese price comparison site. EQT AB had made an offer for Kakaku.com, which the company's board had previously backed.

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