Yahoo Japan To Take 36.9% Stake In Creo For Y1.6 Bln, iwon.com, 6 Jan 2005

“Yahoo Japan Corp. (4689.TO) said Thursday it will pay Y1.6345 billion for a 36.9% stake in mid-size Japanese software development firm Creo Co. Ltd. (9698.JA) as part of its efforts to introduce new services quickly to its users. In a private placement Jan. 26, Yahoo Japan will pay Y467 for each of Creo's 3.5 million shares, Yahoo Japan said in a statement. The move marks Yahoo Japan's first investment in Creo, known for its New Year's greeting card management software in Japan.�

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