Toshiba Announces Tender Offer to Take Company Private

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On August 7, Toshiba Corporation’s board of directors announced that, if successful, a ¥2 trillion ($14 billion) tender offer to be launched on Tuesday will finally take the publicly held Japanese conglomerate private. The offeror planning to buy out all Toshiba’s shares on the Tokyo and Nagoya Stock Exchanges is TBJH, Inc., a subsidiary of

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