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Hedge Fund Oasis Seen Thwarted by Elliott on Alps-Alpine Deal

Hedge Fund Oasis Seen Thwarted by Elliott on Alps-Alpine Deal
The Star posted on Tue 4 Dec 2018 Permalink Print
Oasis Management Co. may be set to lose its battle to block a Japanese takeover after another hedge fund, Elliott Management Corp., showed signs that it may support the deal. Alps Electric Co.’s planned acquisition of Alpine Electronics Inc., the most closely watched corporate governance standoff in Japan this year, will come down to an investor vote on Dec. 5. Oasis owns 9.9 percent of Alpine and opposes the takeover; Elliott, which also holds about 10 percent, has declined to comment on its intentions.

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