Wal-Mart Successfully Completes Tender Offer for Seiyu
BENTONVILLE, Ark. -- Wal-Mart Stores, Inc. said yesterday that its tender offer to acquire all of the issued and outstanding shares of its Japanese subsidiary, the Seiyu, Ltd., has raised its ownership from 50.9 percent to 95.1 percent. In addition, all preferred shares not already held by Wal-Mart were tendered.