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Hoppi
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URGENT: Toyota Halts $35B Deal Amid Elliott Opposition!

Toyota halts its $35 billion deal. The Japanese automaker extended the tender period. This move comes amid opposition from Elliott Investment Management.

The new deadline is March 2. The offer price stays the same. The original deadline was Thursday.

Toyota seeks to privatize a key unit. Elliott is actively trying to block the deal.

Toyota needs more time to secure shareholder support. Further details will follow.

This is a developing story.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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