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Toshiba Fights to Clear Way for Chip Unit

Move defuses claim that sale to third party would be breach of joint venture, lawyers say.

To read this article from The Wall Street Journal, click on:
Toshiba Fights to Clear Way for Chip-Unit Sale
Move defuses claim that sale to a third party would be a breach of joint venture, lawyers say
Toshiba Corp. is undoing a spinoff of its joint venture with Western Digital Corp. in its latest bid to accelerate the sale of the Japanese technology giant’s flash memory chip unit and survive.

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