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Toshiba's $15 Billion Buyout Succeeds, to Delist From TSE

Toshiba's $15 Billion Buyout Succeeds, to Delist From TSE
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Toshiba's $13.5 Billion Buyout Succeeds, to Delist

(Bloomberg) Toshiba Corp. said enough shareholders participated in a ¥2 trillion ($13.5 billion) tender offer led by private equity fund Japan Industrial Partners Inc. to take the electronic group private and end its 74-year-long run as a listed entity.Most Read from BloombergPassalacqua in Italy’s Lake Como Is Named Best Hotel in the WorldVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the Making‘Dead Space’ Co-Creator Departs Startup After Newest Game FlopsFed Set to Pause Rate H ....

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Toshiba Shareholders Oust Chairman in Rare Investor Victory

(Bloomberg) Toshiba Corp. shareholders voted to oust Chairman of the Board Osamu Nagayama in a rare triumph for activist investors seeking fundamental reform after years of scandal and allegations of mismanagement.The surprise decision on Nagayama, the 74-year-old outside director some investors opposed publicly, came after a contentious meeting with shareholders that extended for nearly three hours. His departure marks a high point in the months-long campaign by largest shareholder Effissimo ....

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Toshiba Shareholders Vote to Oust Board Chairman Nagayama

Toshiba Shareholders Vote to Oust Board Chairman Nagayama
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Toshiba to Drop Two Board Members as Investors Demand Action

Toshiba Corp. said it will drop two existing directors from its board as major shareholders demanded accountability after a probe showed unfair practices in last year’s selection process. ....

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