Toshiba’s board agrees to sell chip unit for $18 Billion

By Bloomberg   |   21 September 2017   |   5:31 am  
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Toshiba's Board Agrees to Sell Chip Unit for $18 Billion
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Toshiba's Board Agrees to Sell Chip Unit for $18 Billion
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Toshiba's board agreed to sell its flash memory chip unit to a group led by Bain Capital for 2 trillion yen ($18 billion), taking an important step toward ending a contentious bidding process that has stretched over eight months.
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