Toshiba shareholders reject plans | Print4Pay Hotel

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Toshiba shareholders reject plans

In Tokyo, Japan, shareholders overwhelmingly rejected Toshiba’s management’s proposal to split the
company into two public companies

Instead, activist shareholders are demanding that Toshiba accept bids from private equity investment groups to sell entire company
Reuters News Service is reporting that Toshiba may sell off its Elevator division to Otis Worldwide for potential selling price of $4 billion
“analysts expect sales of some assets such as Toshiba Tec (printers and MFPs)”
New CEO Taro Shimada stated “would consider various strategic options”

3/29/227:22 AM

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Not for nothing but I can see Ricoh buying Toshiba Tec. Anyone else have any good rumors ? Lol

3/29/2210:24 PM

Art PostAdmin VIP

FBI cool to establish a US beachhead for copiers

Fuji Business Innovation

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