Japan
Internet
- Fuji Television agreed to pay $1.6 billion to end the take-over battle over an affiliate with Livedoor, a move that has been described by analysts as a face-saving deal. Under the agreement, Fuji TV would shell out 131.5 billion yen $1.2 billion to transform Nippon Broadcasting System NBS into its wholly owned unit, a deal that includes the acquisition of a Livedoor unit for 67 billion yen $632.8 million. Fuji also agreed to buy a stake in Livedoor for 44 billion yen $415 million and, with it, the forming of an alliance with the internet portal, which values the deal to a total...