KYOTO, Japan, Nov. 19, 2010 (GLOBE NEWSWIRE) — Nidec Corporation (“Nidec”) (NYSE:NJ) entered into a simplified share exchange transaction with its consolidated subsidiary, Nidec Servo Corporation (“Nidec Servo”), pursuant to a share exchange agreement, as announced on April 26, 2010, as a result of which Nidec Servo became a wholly owned subsidiary of Nidec on [...]
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