Foxconn Acquisition Sharp

Foxconn stated in late February it will delay the signing of its takeover of Sharp as the company came across "material information" that "had not been previously proposed nor offered during negotiations." Related Link: Foxconn Delays Signing Of Sharp Takeover, Shares Plunge...

Foxconn, a major manufacturer of Apple Inc. (NASDAQ: AAPL) products, has submitted an offer to acquire the troubled electronics maker Sharp. According to Reuters, Taiwan-based Foxconn has detailed an offer to acquire the Japan-based Sharp. The publication, citing "a person with direct...

According to The Wall Street Journal, Foxconn offered $5.3 billion (or ¥625 billion) to acquire Sharp. Taiwan-based Foxconn is best known for being a major assembler of Apple Inc. (NASDAQ:AAPL)'s iPhone devices. Meanwhile, Japan-based Sharp has been bailed out several times by various...