Ex-CEO Woodford moves to resume control of Olympus
China Daily | Updated: 2011-12-02 07:39
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Former Olympus Corp CEO Michael C. Woodford (right) met with US government agencies and regulators this week to discuss $1.4 billion in takeover costs. Jin Lee / Bloomberg |
TOKYO / NEW YORK - Michael C. Woodford resigned as a director of Olympus Corp in the first step of a campaign to take control of the camera maker from the board that fired him as chief executive officer in a dispute over falsified accounts.
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