Prosecutors continue investigation as Livedoor faces possible delisting
Friday, January 20, 2006 The Tokyo District Public Prosecutors Office has been investigating allegations surrounding Livedoor‘s acquisition strategies and stock sales. Japanese newspaper Yomiuri Shimbun reports that the company may have made 4 billion yen ($35 million) in profits by following illegal takeover practices. Livedoor has been known to use acquisitions to support its rapid …