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January 17, 2017 08:00 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/o8x78PXKXns/toshiba-might-spin-off-its-semiconductor-business
Toshiba Might Spin Off Its Semiconductor Business
Toshiba is considering spinning off its semiconductor business and selling a partial stake in the unit to Western Digital, the Nikkei financial daily reported on Wednesday. From the report: Toshiba will sell a roughly 20% interest in the unit for about 200 billion yen-300 billion yen ($1.77 billion-$2.66 billion) while retaining a majority stake, the newspaper reported. Besides Western Digital, U.S. investment funds are also showing interest in Toshiba's semiconductor business, the Nikkei reported, sources familiar with the matter.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/o8x78PXKXns/toshiba-might-spin-off-its-semiconductor-business
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