Yahoo Japan agreed to issue a tender offer for a 50.1% stake in Japan’s largest online fashion retailer, Zozotown; the deal will be worth up to $3.7B (Nikkei Asian Review)

Nikkei Asian Review:

Yahoo Japan agreed to issue a tender offer for a 50.1% stake in Japan’s largest online fashion retailer, Zozotown; the deal will be worth up to $3.7B  —  Retailer’s founder and CEO Maezawa steps down from management  —  TOKYO — Yahoo Japan plans to buy the operator of the country’s largest …

Source / Techmeme