Investment Fund Asks Toshiba to Shed Toshiba Tec

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A Hong Kong-based investment firm that specializes in distressed companies has asked Toshiba Corp. to spin off its office machinery and MFP business, Toshiba Tec. Reuters reports that Argyle Street Management sent a letter to Toshiba CEO Nobuaki Kurumatani asking that Toshiba spin off Toshiba Tec to move further away from non-core businesses and to boost

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