(Reuters) Hong Kong-based hedge fund Oasis Management stepped up on Wednesday its fight against Alpine Electronics Inc’s plans to sell itself to larger affiliate Alps Electric Co, submitting proposals ahead of a June shareholder meeting. Oasis, which holds a 9.9 percent stake in Japan’s Alpine, has argued that the company’s board was allowing Alps to take over the company at an unfairly low valuation.
HK Fund Oasis, Objecting to Japan’s Alps-Alpine Merger, Submits Proposals
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