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© Thomson Reuters 2017.Toshiba to raise $5.3 bil from new shares to avoid delisting risk
By Taro Fuse TOKYO©2024 GPlusMedia Inc.
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gogogo
Hard headed execs...your pride it killing Japan. Do the deal with WD!
kawabegawa198
You'd have to be half-mad to invest in a Japanese company after all the recent scandals!
tinawatanabe
Toshiba was deceived to buy Westinghouse without being informed about the trouble WH had.
Cricky
So they need this much just so they aren't delisted, investors must love that sales pitch..
LandofExcuses
That's the ticket. Toss a glass of water onto the inferno, leave things be, and hope they take of themselves. Einstein must have been prophesying about Japanese corporate culture when he coined his quote about "and expecting a different result"... (you know the one).