Toshiba takeover plot gets political

Two Toshiba directors have resigned following receipt by the board of a letter from activist shareholder 3D Investments of Singapore. 3D Investments, which is trying to promote a private equity takeover of Toshiba, wrote an open letter to Toshiba urging the chairman and three directors to resign. 3D has a 7.2% stake in Toshiba. The ...

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