Western Digital to Seek Injunction to Block Toshiba’s $18 Billion NAND Chip Unit

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Western Digital to seek injunction to block Toshiba’s $18 billion chip unit sale
Western Digital Corp said on Tuesday it will seek an injunction to block the sale of Toshiba Corp’s prized semiconductor business to a rival group, upping the ante in an acrimonious battle with its chip venture partner.
The $18 billion agreement with the Bain group is, however, still unsigned, with Toshiba telling its main banks this week that Apple Inc., a member of the consortium and an important client, had yet to agree to key terms.