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Line Corp received no stake purchase offer from SoftBank: Line COO

26
Feb
2014

TOKYO (Reuters) – Line Corp, a Japan-based mobile messaging service operator, has not received an offer for a stake purchase from SoftBank Corp, the companys chief operating officer said on Wednesday. Shares in SoftBank and in Lines South Korean parent company, Naver Corp, surged on Tuesday after a Bloomberg News report that SoftBank and Line had held talks on a stake sale. Line and Naver both denied that talks had taken place. …

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