• SHARE

OSAKA — Minolta Co., a leading camera and photocopier maker, said Thursday it will acquire all remaining outstanding shares of its U.S. subsidiary Minolta-QMS Inc. in a bid to strengthen its printer business.

Minolta will hold a tender offer of $6 per share for one month for a total of about $40 million.

In July 1999, Minolta acquired 57 percent of the shares of the Alabama-based maker of color laser printers and network-compatible printers.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW