You are here: Home » Reuters » News
Business Standard

Western Digital expects ruling on injunction request by mid-July - source

Reuters  |  TOKYO 

TOKYO (Reuters) - Western Digital Corp expects a ruling on its request for a court injunction to stop the sale of Toshiba Corp's chip unit by mid-July, a source familiar with the situation said on Thursday.The California-based firm presented a revised offer for the chip unit that met Toshiba's requests on Wednesday but did not receive a positive response, a separate source said.Western Digital is concerned about how Toshiba, the Japanese government and other stakeholders are handling the auction's decision-making process, the second source added.The sources declined to be identified due to ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Thu, June 15 2017. 08:44 IST
RECOMMENDED FOR YOU