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Ex-Olympus Boss Working With Board To Avoid Delisting

Michael Woodford, the ex-CEO of embattled camera maker Olympus, is working with the board to help the company to continue publicly trading. Following the resignation of three board members implicated in hiding previous losses at the firm, Woodford has not ruled out returning to his previous position. Shares in the firm surged 25% on the news, but later fell back to close up 8%.

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