Toshiba switches back to Bain-led consortium as preferred bidder in semiconductor business auction

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The Toshiba logo from the 1950s
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The Toshiba logo from the 1950s

US-Japanese consortium preferred over Western Digital - unless WD can raise its offer

A consortium led by Bain Capital has taken the lead in the race to buy Toshiba Memory Corporation, the semiconductor business of the Japanese electronics and engineering giant. It comes after Toshiba...

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