Shareholders in Japanese Steel Maker Block a Merger Deal - New York Times

Score one for investors!Shareholders in Japanese Steel Maker Block a Merger Deal - New York Times: "Shareholders of the Tokyo Kohtetsu Company blocked a takeover on Thursday by a rival steel producer, the Osaka Steel Company, the first time in Japan that shareholders have vetoed a merger approved by the companies’ boards.An investment fund, Ichigo Asset Management, started a rare proxy fight