Foxconn Falters at the Altar; Sharp Waits Expectantly

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Sharp finally said “yes.” But Foxconn, after pursuing the struggling Japanese electronics maker for four years, said, “Maybe we should wait.” In a surprise announcement, Foxconn, the world’s biggest contract electronics manufacturer, abruptly pressed the pause button on its $5.8 billion takeover offer for Sharp (see “Foxconn Offers $5 Billion for Sharp”), saying it needs

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