For Toshiba’s Flash Memory Business, $1.37 Billion Contribution of Western Digital

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Western Digital to contribute over $1bn toward deal for Toshiba memory unit
Leaders of both companies target broad agreement by Thursday. Western Digital has agreed to contribute around 150 billion yen ($1.37 billion) to a roughly 2 trillion yen offer by multiple partners for Toshiba’s flash memory business as the companies’ chiefs work to hash out a broad purchase agreement by the end of the month.