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Shareholders Vote Down Toshiba Restructuring Plan

A top executive had characterized the proposal as the company’s "last chance" to fix its brand.

Toshiba shareholders vote down both spin-off plan and call to seek buyout offers

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Japan s Toshiba shareholders vote down restructuring plan | News, Sports, Jobs

Japan s Toshiba shareholders vote down restructuring plan | News, Sports, Jobs
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Toshiba shareholders reject restructuring plan

Shareholders of embattled Japanese electronics and energy giant Toshiba Corp voted down a major restructuring plan on Thursday, in a setback for the company's management. The plan proposed last month called for splitting Tokyo-based Toshiba into two companies, one focused on infrastructure and the other on devices. The latter would…

Toshiba shareholders reject spin-off plan in key vote | Money

TOKYO, March 24 Toshiba shareholders on Thursday voted against a proposal to split the Japanese conglomerate into two, dealing a fresh blow to management that will likely spell further turmoil for the embattled company. The results of the ballot held at an extraordinary shareholder meeting are.

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