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Toshiba will then delist from the Tokyo Stock Exchange within about a month. That will end its more than seven-decade history as a listed company. The purchase price was at 4,620 yen ($31).
Japan's Toshiba said on Thursday it will cut up to 4,000 jobs domestically as the industrial conglomerate accelerates restructuring under new ownership. Toshiba delisted in December due to a $13 ...
Toshiba's new management team will be joined by a senior adviser at Toshiba's main lender Sumitomo Mitsui Financial Group. The appointments will take effect on Dec. 22. Toshiba shares will be ...
On November 27, 2013, OCZ Technology stock was halted. OCZ then stated they expected to file a petition for bankruptcy and that Toshiba Corporation had expressed interest in purchasing its assets in a bankruptcy proceeding. [23] [24] On December 2, 2013, OCZ announced Toshiba had agreed to purchase nearly all of OCZ's assets for $35 million. [25]
Acquired by Burroughs Corporation; HDD assets later sold to Toshiba: Manufactured the first HDD subsystems that were plug-compatible with IBM's: Microcomputer Memories: United States: 1983: 1986: Bankruptcy [103] [104] Micropolis: United States: 1986: 1996: HDD assets sold to Singapore Technology: Microscience International: United States: 1982 ...
Following the scandal, Toshiba Corp. was removed from a stock index showcasing Japan's best companies. That was the second reshuffle of the index, which picks companies with the best operating income, return on equity and market value.
The Toshiba–Kongsberg scandal, referred to in Japan as the Toshiba Machine Cocom violation case, was an international trade incident that unfolded during the final period of the Cold War. It centered on certain Coordinating Committee for Multilateral Export Controls (CoCom) member nations who transgressed foreign exchange and foreign trade ...
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