Financial Times FT.com

Livedoor raises stakes in Fuji TV battle

By Mariko Sanchanta in Tokyo

Published: February 27 2005 20:57 | Last updated: February 27 2005 20:57

Takafumi Horie, the brash chief executive of Livedoor, is set to up the ante in the ongoing battle to take control of Fuji Television, one of Japan's leading broadcasters.

Livedoor, an internet services provider, will ask the Securities and Exchange Surveillance Commission and the Tokyo Stock Exchange to probe an attempt by Fuji TV and Nippon Broadcasting System, its largest shareholder, to fend off the takeover.

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