Toshiba plans to separate into two corporations as an alternative of three after activist shareholder criticism, promote non-core property, and maintain its infrastructure operations (Bloomberg)

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Bloomberg:

Toshiba plans to separate into two corporations as an alternative of three after activist shareholder criticism, promote non-core property, and maintain its infrastructure operations  —  Toshiba Corp. stated it might divide into two corporations and promote non-core property, scrapping an preliminary three-way cut up that confronted fierce criticism from activist shareholders.



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