Western Digital-Toshiba Game Of Chicken Continues

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The WDC-Toshiba Game Of Chicken Continues
Now, considering the proximity of the June 13 arbitration deadline with the planned June 15th decision, WDC likely plans to file injunctions in the US (if it has not already done so). This would 1) delay the sale even further, 2) render Toshiba’s argument in favor of a faster timeline due to antitrust hurdles moot, 3) discourage potential buyers, 4) depress valuations and 5) result in inevitable delisting for Toshiba.