Olympus Faces FBI Probe Over $687M Merger Advisory Fee
On Monday, the latest news surrounding Olympus' 2008 payment to little-known Axes Americas LLC and Axam Investments Ltd. stoked an already frenzied sell-off of the camera maker's stock. In Tokyo, Olympus' share price fell more than 10 percent to 1,099 yen ($14.44). Over the past two weeks, the company has lost half its value.
Numerous media outlets...
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