KakakuCom Shares Jump as Rival Bidders Firm Up Competing Offer
KakakuCom Inc shares climbed 3.7% to ¥3,514 after LY Corp and Bain Capital converted a prior counter-proposal into a binding offer of up to ¥3,500 per share, intensifying a weeks-long acquisition battle with Swedish private equity firm EQT, which launched a tender at ¥3,000 per share in May. The move coincides with the final day of EQT's acceptance…