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Japan’s Tohokushinsha, Co-Producer of ‘Lost in Translation,’ Receives $575M Takeover Offer
Japan's Tohokushinsha, co-producer of 'Lost in Translation' has received a $575M offer to take it private.
The company also worked on the 1980 TV miniseries Shogun, which was based on James Clavell’s 1975 novel of the same name and the predecessor of Disney+’s Emmy-nominated modern version. 3D Investment Partners already holds an 18% share stake in Tohokushinsha and has proposed a purchase price of 600-650 yen per share, which represents a premium of 6%-15% to the film company’s closing price on Wednesday of 565 yen. 3D Investment Partners added that the Japanese film company currently does not meet the criteria to maintain its listing as fewer than 25% of its shares are in circulation.
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