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BRIEFLY

Minebea Co. responded to Trafalgar's filing.

February 19, 1986

Takami Takahashi, president of the Japanese firm, branded as "empty bluster" and "price hyping" last week's announcement by Trafalgar Holdings Ltd. and Glen International Financial Service Co. that they had filed notice with the Japanese government of their intention to acquire up to two-thirds of the stock of Minebea. Takahashi noted that the filing was unaccompanied by tender offer terms, disclosure of sources and amounts of funding, the way in which acquired assets would be deployed and other material information that a good-faith statement of intent would include.

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