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Yahoo Japan to buy Zozo - report

Sep. 11, 2019 4:17 PM ETLY Corporation (YAHOY) Stock, SRTTY StockYAHOF, YAHOY, SATLF, SRTTYBy: Jason Aycock, SA News Editor
  • Yahoo Japan (OTCPK:YAHOY) is set to buy control of fashion retailer Zozo (OTCPK:SRTTY) in a tender offer, NHK reports.
  • That's a deal that could reach several hundred billion yen.
  • Zozo CEO Yusaku Maezawa agreed to the bid and plans to sell his own holdings in the company, according to the report.

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