Toshiba Memory is unlikely to have time to negotiate with customers today

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POSTER: computer news   ||    TOSHIBA MEMORY IS UNLIKELY TO HAVE TIME TO NEGOTIATE WITH CUSTOMERS TODAY	DATE:2017-06-28
Reuters agency said that the long-awaited finale of the melodrama about the sale of Toshiba Corporation solid-state memory division is once again postponed.  As it turns out, the consortium of Japanese and American investors had objections about the proposed terms of the deal.  Moreover, even among the members of the board of Toshiba there are opponents of the selling scenario in question - they are confused by the presence in the deal of the Korean manufacturer of memory SK Hynix, albeit on a secondary role. The annual audit report of Toshiba can not be presented to shareholders today either.  The management of the corporation intends to appeal to shareholders with apologies.  True, this is now unlikely to save Toshiba shares from the exclusion from the quotation list of the Tokyo Stock Exchange.  In the case of a deal to sell Toshiba Memory assets, an obstacle is the legal action of Western Digital Corporation, which will be considered in mid-July. Related Products :

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