M&A 2019 Annual Review

YAHOO! JAPAN Morrison & Foerster advised Z Holdings Corporation, parent of Yahoo Japan Corporation, in its $3.7 billion tender offer for a majority interest in and execution of a capital and business alliance agreement with ZOZO, Inc., a Japanese e-commerce company that operates Internet-shopping websites, including “ZOZOTOWN,” the largest online fashion retailer in Japan. 29 MORRISON & FOERSTER 2019 M&A ANNUAL REVIEW