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Morning Agenda: Toshiba Edges Closer to Selling Chip Unit
Sep 13, 2017 - The New York Times
Board and Executive Moves

Toshiba’s monthslong effort to sell its memory chip business may finally be nearing an end.

The Japanese conglomerate said on Wednesday that it had signed a memorandum to accelerate talks to sell its memory chip unit to a group led by Bain Capital.

The group, which also includes Apple, Seagate Technology and Dell, bid more than $18 billion for the chip business, The Wall Street Journal reported.

A goal, Toshiba says, is to sign a contract this month, but other bidders are sti

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