Toshiba Fights to Clear Way for Chip Unit
Move defuses claim that sale to third party would be breach of joint venture, lawyers say.
By Jean Jacques Maleval | June 2, 2017 at 2:24 pmTo 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.