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Monday, December 28, 2015

Toshiba says to seek new $2.5 billion credit line for restructuring

TOKYO (Reuters) - Toshiba Corp , reeling from a $1.3 billion accounting scandal, said it intends to ask for a new 300 billion yen ($2.49 billion) credit line by the end of January to fund a large-scale restructuring.


from Reuters: Technology News http://ift.tt/1mfrJN5

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