Toshiba Shares Jump as NAND Chip Sale Takes Another Turn

That could see Western Digital emerge as preferred buyer.

By Jean Jacques Maleval | July 12, 2017 at 2:20 pm

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Toshiba Shares Jump as Chip Sale Takes Another Turn Following SK Hynix Equity Plans
Toshiba Corp. shares gained in Tokyo Wednesday even as the company’s complicated sale of its prized flash memory division took yet another turn that could see former partner Western Digital emerge as the preferred buyer.