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Posted on: Dec. 7, 2017, 6:06 a.m.
* Top shareholder WPP dropped opposition (Adds ADK comments, background): TOKYO (Reuters) - U.S. private equity firm Bain Capital has won enough shareholder support to complete its tender offer of Asatsu-DK Inc (ADK) (9747.T), allowing the Japanese advertising agency to end a bitter two-decade partnership with top shareholder WPP (WPP.L). Bain received 87 percent in the tender offer of Japan’s third-biggest ad agency, at 3,660 yen ($32.55) each, a regulatory filing showed on Thursday. It had been seeking more than ... Full investment news articleRelevent to this post: Bain Capital Louisiana Economic Development,