We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Toshiba And Western Digital Settle, Paving Way For Bain Deal

Law360, New York (December 12, 2017, 5:27 PM EST) -- Toshiba and Western Digital have agreed to settle their legal spat, clearing a path for the multibillion-dollar sale of Toshiba Memory Corp. to a group led by Boston-based Bain Capital, the companies said Tuesday.

The settlement helps Toshiba clear a key hurdle in what had been a hotly contested attempt to sell TMC, which is said to be worth almost $18 billion. (AP) Toshiba Corp., Toshiba Memory Corp. and Western Digital Corp. have come to terms on a settlement of their differences over the planned sale...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.