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Steel Partners Wants Brother To Cut Non-Core Ops

Steel Partners Wants Brother To Cut Non-Core OpsTOKYO (NQN)--U.S. investment fund Steel Partners said Thursday that it has sent a letter asking Brother Industries Ltd. (6448) to sell or cease its non-core operations in order to focus on its printer business.

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Steel Partners Submits to Brother Industries Suggestions to Improve Corporate Value; Urges Focus on Core Business, Share Repurchases amid Market Weakness

TOKYO--(BUSINESS WIRE)--Steel Partners Japan Strategic Fund (Offshore), L.P. (“Steel Partners”) today announced that it submitted to Brother Industries Ltd. (TOKYO:6448) (the “Company” or

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Steel Partners Tells Ishihara Chem To Pare Noncore Assets

Thursday, November 6, 2008Steel Partners Tells Ishihara Chem To Pare Noncore AssetsOSAKA (Nikkei)--U.S. investment fund Steel Partners, the top shareholder in Ishihara Chemical Co. (4462), on Thursday called on the firm to reduce noncore assets.

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Steel Partners Japan Calls on Ishihara Chemical to Reduce Non-core Assets

TOKYO--(BUSINESS WIRE)--Steel Partners Japan Strategic Fund (Offshore), L.P. (“Steel Partners”) today sent to Ishihara Chemical

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Steel Partners Calls on Ezaki Glico to Address Losses from Cross-Shareholdings

TOKYO--(BUSINESS WIRE)--Steel Partners Japan Strategic Fund (Offshore), L.P. (“Steel Partners”) today sent to Ezaki Glico Co., Ltd.

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Steel Partners Calls on Ezaki Glico to Address Losses from Cross-Shareholdings

TOKYO - Steel Partners Japan Strategic Fund (Offshore), L.P. (“Steel Partners”) today sent to Ezaki Glico Co., Ltd. (2206.JP) (“Glico” or the &ld

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Noritz Refutes Steel Partners' Takeover Bid In Reply Letter

Noritz Refutes Steel Partners' Takeover Bid In Reply LetterTOKYO (Nikkei)--Noritz Corp. (5943) said Friday that it has sent Steel Partners a letter of reply rebutting the U.S. investment fund's argument that a takeover would boost the water heater manufacturer's corporate value.

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UPDATE 1-Noritz rejects Steel Partners acquisition proposal

TOKYO, Oct 17 (Reuters) - Japanese gas and water heater maker Noritz Corp said on Friday it has decided to reject an acquisition proposal from U.S. hedge fund Steel Partners, an activist fund seeking to squeeze higher returns out of its investments.

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Noritz says rejects Steel Partners acquisition proposal

TOKYO, Oct 17 (Reuters) - Japanese gas and water heater maker Noritz Corp said on Friday its board members had decided to reject an acquisition proposal from U.S. hedge fund Steel Partners.

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Steel Partners Aims To Boost Value At New Cosmos, Ishihara Chem

Steel Partners Aims To Boost Value At New Cosmos, Ishihara ChemTOKYO (Nikkei)--U.S. investment fund Steel Partners has proposed ways for Ishihara Chemical Co. (4462) and New Cosmos Electric Co. (6824) to improve their corporate value.

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Steel Partners Submits to New Cosmos Electric Suggestions to Improve Corporate Value

TOKYO--(BUSINESS WIRE)--Steel Partners Japan Strategic Fund (Offshore), L.P. (“Steel Partners”) today announced that it has

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Steel Partners Submits to Ishihara Chemical Suggestions to Improve Corporate Value

TOKYO--(BUSINESS WIRE)--Steel Partners Japan Strategic Fund (Offshore), L.P. (“Steel Partners”) today announced that it has

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New Frontier buys $4M in stock

has cashed out one of its largest shareholders, the Boulder company said Friday.After the market closed Thursday, New Frontier (NASDAQ: NOOF) signed a deal to buy all of the 2.6 million shares owned by Steel Partners II L.P. of New York.Steel Partners owned 11.5 percent of stock in New Frontier, which makes and distributes adult-themed programming to pay-per-view TV networks.New Frontier...

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Yokohama Rubber To Construct Natural Rubber Plant In Thailand

Friday, September 12, 2008Steel Partners Lowers Stake In Ezaki Glico To 12.31%OSAKA (Nikkei)--Steel Partners has sold some of its shareholdings in Ezaki Glico Co. (2206), bringing its stake in the major confectioner down to 12.31%, according to a shareholding report filed with authorities on Friday.

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Rowan halts plan to sell rig-building unit

... of recent events,” he wrote in a note to investors Tuesday. In January, New York hedge fund Steel Partners, which owns about 9 percent of Rowan’s stock, began to pressure Rowan to unlock more value to shareholders.The firm believed Rowan would get more credit from the market if it focused more on its primary drilling business. Two months later, Rowan’s board said it would seek to “monetize”...