Western Digital CEO in Japan to Finalize Toshiba NAND Chip Deal

To read this article from Reuters, click on:
Western Digital CEO in Japan to Finalize Toshiba chip deal: source
Western Digital Corp’s chief executive is in Tokyo to finalize an agreement to buy Toshiba Corp’s memory chip business, ending months of dispute over the auction, a person familiar with the matter told Reuters on Monday.
A group including Western Digital, U.S. private equity firm KKR & Co and Japanese government investors are offering around ¥1.9 trillion ($17.3 billion) for the unit, separate sources previously told Reuters. The U.S. firm is offering 150 billion yen through convertible bonds, they said.