LY Corporation (JP:4689) has released an update.
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LY Corporation has announced its decision to pursue an absorption-type merger with its wholly owned subsidiary, Z Financial Corporation, as part of a strategic plan to optimize its group resources. The merger will see LY Corporation as the surviving entity, while Z Financial will be absorbed. The specific details and schedule of the merger are yet to be finalized.
For further insights into JP:4689 stock, check out TipRanks’ Stock Analysis page.
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