1. Hedge Fund Can Give Olympus a Clearer Focus

    Hedge Fund Can Give Olympus a Clearer Focus

    (Bloomberg Opinion) -- Can you teach an old dog new tricks? Olympus Corp. investors appear willing to bet so. Shares of the camera and medical-device maker, which was mired in a $1.7 billion accounting scandal in 2011, have surged to their highest in almost three years after the Japanese company announced a leadership and board shakeup in response to pressure from U.S. hedge fund ValueAct Capital Management LP...

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    1. Even though Olympus promised to review its corporate governance after the 2011 scandal, the company hasn't changed.
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