Your email has been successfully added to our mailing list.

×
0 0.000382669331179061 -0.00238105361622519 -0.0050597389344785 -0.00790849951103357 -0.00735575492155274 -0.00676049151749651 -0.00665419448105786
Stock impact report

Elliott Rejects Toyota Industries Buyout, Pushes for Higher Price [Yahoo! Finance]

Toyota Motor Corporation (TM) 
US:NYSE Investor Relations: toyota-global.com/investors
Company Research Source: Yahoo! Finance
revised effort to take Toyota Industries Corp private, arguing that the higher offer still undervalues the business and could warrant broader shareholder resistance. After Toyota lifted its bid to 18,800 per share, a 15% increase aimed at easing minority investor concerns, Toyota Industries shares moved as high as 19,255, a market response that may be reinforcing calls for a richer premium. Elliott said the revised terms remain very substantially below fair value, estimating the company's worth at more than 25,000 per share, and said it does not plan to tender its stake while encouraging other shareholders to withhold support. Is TM fairly valued? Test your thesis with our free DCF calculator. The tender offer, which begins Thursday and runs through Feb. 12, could become a defining moment for Japan's evolving buyout landscape. If completed, Toyota Industries, which manufactures textile looms and forklifts, would come under the control of Toyota Fudosan Co., an unlisted real estate Show less Read more
Impact Snapshot
Event Time:
TM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for TM alerts
Opt-in for
TM alerts

from News Quantified
Opt-in for
TM alerts

from News Quantified