New York, NY -- If you have followed along with our continued coverage of the Canon buyout of Oce, you will recall that some companies with a larger stake publicly objected to the value of Oce’s shares as judged by Canon. According to a story on the Reuter’s website, one of those companies objecting, Hermes, has recanted their position and have decided that “‘clients' interests are best served’” with the shares being tendered. With their 3.3 percent added in, it brings Canon’s total percentage of shares to just over 80%.
