Toshiba Misses Deadline on Chip Unit Sale Agreement, Files Litigation against Western Digital

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On June 28, Toshiba executives showed up empty-handed to an annual shareholders meeting and faced angry investors expecting to see a signed deal on the sale of the company’s chip unit. “Once again, I apologize deeply from my heart for causing so many problems,” Toshiba’s chief executive, Satoshi Tsunakawa, told hundreds of shareholders in Tokyo,

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