Activist shareholders at Toshiba may have finally pushed the company to consider selling itself, after years of group business. But they still face one final hurdle: the Japanese government.
The Japanese industrial group on Friday reported a 52% increase in operating profit for the financial year ended March. However, most investors are not focused on its outcome, but instead on the prospect of a potential deal to acquire the company.
https://www.wsj.com/articles/toshiba-shareholder-payday-still-has-one-more-hurdle-tokyo-11652437106?mod=rss_markets_main Toshiba Shareholder Payday Still Has One More Hurdle: Tokyo