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Confirming rumors making the rounds, Toshiba has announced that they will spin off the NAND production portion of their business. At the same time, they will be selling off a 20% minority interest in the spun-off business. Toshiba would be generating a significant boost to their liquidity, while retaining majority control of their most profitable business. Specifics have not yet …
Read More »Toshiba To Spin Off NAND Flash Production — Possible Investment by WD?
