Livedoor Wins Nippon Broadcasting Stock Sale Ruling

TOKYO, JAPAN - MARCH 23: Takafumi Horie, president and CEO of Japanese software distributor, Livedoor Co., attends a press conference on March 23, 2005 in Tokyo, Japan. Livedoor today won a high court injunction against a stock sale planned to block its takeover bid for Nippon Broadcasting System Inc.. The radio company, Nippon Broadcasting is Fuji TV's biggest shareholder, with a 22.5 percent stake. Livedoor's bid will allow them to merge broadcasting and the Internet through control of Nippon Broadcasting and indirectly, Fuji TV. (Photo by Koichi Kamoshida/Getty Images)