Tepco Shareholders Ok $12.6 Billion Government Injection

TOKYO (Reuters) - Tokyo Electric Power Co shareholders voted on Wednesday to approve the Japanese government's 1 trillion yen ($12.58 billion) capital injection, to avert the collapse of the utility in the aftermath of the Fukushima nuclear crisis.

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    Shareholders of the company known as Tepco approved proposals to allow the government to get more than 50 percent of voting rights in return for 1 trillion yen ($12.6 billion) in capital infusion. The appointment of 11 directors, including turnaround ...
    06/27/2012 - 5:28 am | View Link
  • TEPCO shareholders approve 1 trillion yen government bailout
    Tokyo, June 27, 2012 — Tokyo Electric Power Co. shareholders voted April 27 to approve the Japanese government's offer of a 1 trillion yen ($12.58 billion) capital injection. The Japanese government offered the bailout to save the utility from collapse ...
    06/27/2012 - 3:54 am | View Link
  • Tepco shareholders OK $12.6 billion government injection
    TOKYO (Reuters) - Tokyo Electric Power Co (9501.T) shareholders voted on Wednesday to approve the Japanese government's 1 trillion yen ($12.58 billion) capital injection, to avert the collapse of the utility in the aftermath of the Fukushima nuclear crisis.
    06/26/2012 - 11:46 pm | View Link
  • Tokyo Elec. Power : Tepco shareholders OK $12.6 billion government injection
    Tokyo Electric Power Co shareholders voted on Wednesday to approve the Japanese government's 1 trillion yen ($12.58 billion) capital injection, to avert the collapse of the utility in the aftermath of the Fukushima nuclear crisis. The capital injection ...
    06/26/2012 - 7:57 pm | View Link
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    Government officials have walked a tightrope between ... And in 1995, former executives at what was then an independent Daiwa Bank were sued by shareholders for $1.45 billion over mismanagement. Six years later, the executives agreed to pay $2 million ...
    03/5/2012 - 11:00 am | View Link
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