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Toshiba Spurns Western Digital, Signs Deal To Sell Memory Chip Unit To Group Led By Bain Capital
Wednesday, September 20, 2017 - 8:41am | 322It’s been a trying process, hampered by legal interference and government pushback, but Toshiba Corp has finally committed to selling its memory chip unit. The Japanese firm reportedly closed a ¥2 trillion ($18 billion) deal with an American group led by Bain Capital early Wednesday. The...