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Maverick founder wins foes in Japan with move to dump board
Published Tue, May 17, 2016 · 09:50 PM
Tokyo
A SPAT is rocking one of Japan's most popular Internet companies after the founder moved to kick out the board, enraging staff and sending shares tumbling.
Akimitsu Sano, who owns 44 per cent of Cookpad Inc, shocked investors in January by calling on them to dump all other directors of the recipe-sharing site, saying the company was neglecting its main business. The stock fell 23…
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