From Breakingviews – Activist swing at Japan arena puts buyers on deck, says jgfarb:
A man wearing traditional kimono costume waits in front of the venue of a Holy Mass by Pope Francis at the Tokyo Dome, in Tokyo, Japan, November 25, 2019. REUTERS/Kim Kyung-Hoon
Japan’s first covered arena cost some $270 million to build and opened its gates in 1988 with a Mike Tyson title fight and Mick Jagger’s debut solo tour. Some 40 years later, Oasis, the activist fund manager run by Seth Fischer, has lifted its stake in Tokyo Dome to nearly 10%, arguing management has let the venue, and its adjacent hotel and theme park, weather like an ageing rock star.
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