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Tuesday, June 5, 2018

Sharp to buy Toshiba PC business, issue $1.8 billion in new shares

TOKYO (Reuters) - Japan's Sharp Corp said it will buy Toshiba Corp's personal computer business and issue $1.8 billion in new shares to buy back preferred stock from banks, highlighting a swift recovery under the control of Foxconn.


from Reuters: Technology News https://ift.tt/2Hizg7r

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