Word: yoshikazu
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Dates: during 1990-1999
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...Germans began to listen. The watershed moment came when the Yanks (with a little inside help) persuaded Schrempp in March to drop a long-standing bid to buy Japan's Nissan Motors. Schrempp wanted Nissan badly, to consolidate his empire, and he had been negotiating with an absolutely desperate Yoshikazu Hanawa, Nissan's chairman. But the Americans, who would have been saddled with turning Nissan around, had been uncomfortable with the plan from the start...
...Japan, putting your company on the acquisition block is so shameful that the expression for it--miuri--means "selling your body." So it must have been excruciating last month for Yoshikazu Hanawa, president of Nissan Motor Co., to publicly offer for sale a controlling interest in Japan's second largest automaker. What must have been even more humiliating is that when Nissan's suitors looked under the hood, they became even less interested in this clunker, with its $22 billion in debt and a lineup of flashless cars. The word around the car industry is that the $49 billion company...
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