Toshiba Signs Deal To Sell Memory Business
 

After being approved by the board of directors last week, Toshiba's deal to sell their memory business to a consortium led by Bain Capital has been signed and will be on the ballot for approval at a shareholders meeting on October 24. With the signing of the deal, Toshiba has officially disclosed more details about the agreement, but several key aspects are still subject to change, pending Western Digital's ongoing legal actions regarding the Toshiba-SanDisk joint ventures. Toshiba plans for the deal to close by the end of March 2018. The deal still also needs approval from government regulators over its antitrust and national security implications.

https://www.anandtech.com/show/11886...emory-business