NAGOYA (Kyodo) An investment fund led by bureaucrat-turned-financier Yoshiaki Murakami revealed Friday that it has proposed both a management buyout and an employee buyout along with other measures to Matsuzakaya Co. in a bid to boost the corporate value of the department store chain.

The Murakami Fund said on its Web site, “We hope to see (Matsuzakaya’s) corporate value boosted, with management and employees themselves becoming main shareholders and seeking to raise their company’s value.”

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