Embattled Toshiba CEO Steps Down, New Buyout Suitors Emerge


In the week since Toshiba Corporation confirmed that it had received an offer from global private-equity firm CVC Capital Partners to take the company private (see “Toshiba Considering Offer to Take Company Private”), the scandal-plagued company’s CEO Nobuaki Kurumatani has resigned and two other investment firms are considering their own buyout offers. Toshiba announced on

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