TOKYO, Jan 19 Japan's Nikkei share average edged
up on Friday morning with financial stocks leading the gains
after U.S. yields rose, while GMO Internet soared after
an activist fund called on the company to abolish its takeover
defences and reduce the power of its founder.
TOKYO, Jan 19 Hong Kong-based activist investor
Oasis Management Company has proposed that Japanese internet and
cryptocurrency firm GMO Internet reduces the power of
its founder and abolishes its takeover defences.