( ) -q-26- UNDATED (Correspondent Jeremy House) “its former strength.” Toshiba has announced a 2 trillion yen, or $14 billion, tender offer in a move that would take it private. [CutID: <Cuts> TOSHIBA-BUYOUT-house-q-MONam.mp3 Time: 26s Title: TOSHIBA-BUYOUT-house-q-MONam Out-cue: its former strength] TAG: Correspondent Jeremy House reporting. ————————– VERBATIM: The announcement comes as the scandal-tarnished Japanese […]
Audio
Troubled Toshiba announces buyout offer led by Japan businesses
( ) -q-26- UNDATED (Correspondent Jeremy House) “its former strength.”
Toshiba has announced a 2 trillion yen, or $14 billion, tender offer in a move that would take it private.
[CutID: <Cuts> TOSHIBA-BUYOUT-house-q-MONam.mp3
Time: 26s
Title: TOSHIBA-BUYOUT-house-q-MONam
Out-cue: its former strength]
TAG: Correspondent Jeremy House reporting.
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VERBATIM: The announcement comes as the scandal-tarnished Japanese electronics and energy giant seeks to turn itself around. The tender offer led by a buyout fund of major Japanese banks and companies called Japan Industrial Partners starts Tuesday and is priced at about $32, a share. Chairperson Akihiro Watanabe asked shareholders to back the proposal, saying it is the only option for Toshiba to return to its former strength.