Nidec Withdraws $1.8 Billion Hostile Bid for Makino Milling Nidec Corp. is withdrawing a ¥257 billion ($1.8 billion) unsolicited tender offer for machine tool maker Makino Milling Machine Co., bowing to strong resistance from its target. Related Posts:Nidec Shares Sink 22% on Fears of Systematic…Motorola Agrees to Acquire Radio Maker Silvus for…SoftBank Makes Surprise $2 Billion Bet on Intel’s AI RevivalSanhua Falls in Hong Kong Debut After $1.2 Billion ListingBouygues-Led Group Makes €17 Billion Bid for Drahi’s SFRTSMC Supplier GlobalWafers to Hike US Investment to…See also Fast-Money Quants Stumble as Momentum Bust Roils Strategies
