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Tohokushinsha, Japanese Co-Producer of ‘Lost in Translation,’ Receives $575 Million Takeover Bid From Singapore Investor
Tohokushinsha, the Japanese coproducer of Sofia Coppola's ‘Lost in Translation,’ receives a $575 million takeover bid from a Singapore investor.
It was a co-producer of Sofia Coppola’s breakout 2003 movie “ Lost in Translation ” and provided services on the 1980s series adaptation of James Clavell’s “Shogun.” At the higher figure, the offer would represent a premium of 15% to Tohokushinsha shares at the close of stock trading on Wednesday. 3D Investment said that Tohokushinsha’s management would have to agree to the delisting of the shares – the company currently fails to maintain the minimum free-float requirements for a listing – and other conditions, in order for the deal to go through.
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