Daiei denies report about possible sale of Hawks.FUKUOKA, Jan. 9 Kyodo
Daiei Hawks president Takeshi Kotsuka on Wednesday denied a report about a possible sale of the Pacific League club by debt-ridden supermarket chain operator Daiei Inc.
''(Daiei Inc.) President Kunio Takagi confirmed that the Daiei group is never going to sell the Hawks,'' Kotsuka said, referring to the report suggesting the possibility that Daiei's creditor banks would ask for the Hawks to be sold in a new bailout bailout
The financial rescue of a faltering business or other organization. Government guarantees for loans made to Chrysler Corporation constituted a bailout. package.
The public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most office of Daiei Inc. earlier in the day issued a statement denying any moves to put the Hawks up for sale.
Industry sources said Wednesday that Daiei, which has 2.3 trillion One thousand times one billion, which is 1, followed by 12 zeros, or 10 to the 12th power. See space/time.
(mathematics) trillion - In Britain, France, and Germany, 10^18 or a million cubed.
In the USA and Canada, 10^12. yen in interest-bearing group debts, and four creditor banks are on the verge On the Verge (or The Geography of Yearning) is a play written by Eric Overmyer. It makes extensive use of esoteric language and pop culture references from the late nineteenth century to 1955. of finalizing a bailout package.