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Toshiba says Western Digital overstating rights over chip business

Reuters India Thursday, 14 September 2017 ()
TOKYO (Reuters) - Toshiba Corp said its business partner Western Digital Corp had been "persistently" overstating its rights over a memory chip unit that the Japanese firm is looking to offload, showing the two remain at loggerheads over the $18 billion sale.
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Source: Wochit Business - < > Embed

News video: Toshiba Seals $18 Billion Deal to Sell Chip Unit

Toshiba Seals $18 Billion Deal to Sell Chip Unit 00:34

On Wednesday, Japan's Toshiba Corp. said that it has agreed to sell its semiconductor business to a group led by U.S. private equity firm Bain Capital LP. Toshiba said its board decided to sign a contract for the deal worth about $18 billion. The decision to sell the world’s No. 2 producer of NAND...

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