Thursday, September 28, 2017
Toshiba Signs $17.7 Billion Deal to Sell Memory Chip Unit to Bain-Apple Group
After lengthy negotiations, Toshiba this morning officially agreed to sell its lucrative memory chip unit to a global consortium that includes Apple, in a deal reportedly worth $17.7 billion (via The Wall Street Journal). Toshiba said the legally binding agreement ensures the chip unit will remain a Toshiba affiliate even after it has become the property of the Bain Capital-led group, which 
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