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Re: Western Making $18B Bid for Toshiba Unit? ‘Compelling,’ Says RBC
Western Digital's initial bid was around $9B. Well below anyone else.
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Western Making $18B Bid for Toshiba Unit? ‘Compelling,’ Says RBC
In the latest twist in the Western Digital () and Toshiba () battle for the future of their NAND flash joint venture, The Japan Times that Western has offered $17.8 billion for the unit, citing multiple unnamed sources. The report, without byline, says Western’s CEO, Steve Milligan , is to "hold talks" with Toshiba’s president, Satoshi Tsunakawa , today. The Innovation Network Corp of Japan and the Development Bank of Japan are said to be helping with some of the purchase price. Today’s...