Toshiba to Split Off Four Companies

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Toshiba’s transformation under duress continues. On April 24, the company announced plans to split off four in-house companies into wholly-owned subsidiaries. In other news, the number of bidders for Toshiba’s memory chip business appears to be down to four, and the company is facing numerous shareholder lawsuits. Toshiba’s troubles began with a 2015 accounting scandal

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