May 29, 2017 / 3:39 AM / 4 months ago

BRIEF-JSS to merge with swimming school operation firm

May 29(Reuters) - JSS Corp

* Says it signs a merger agreement with a Hyogo-based company, which is engaged in swimming school operation business, on May 27

* Says expected merger date is Oct. 1

* Says it needs to pay 5,000 yen per share as consideration to shareholders of the Hyogo-based company

* Says co will be the surviving company and the Hyogo-based company will be dissolved after merger

Source text in Japanese: goo.gl/8xTHI2

Further company coverage: (Beijing Headline News)

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