WDC Companions will have to pay for Toshiba Memory assets at least 18 billion

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POSTER: computer news   ||   WDC COMPANIONS WILL HAVE TO PAY FOR TOSHIBA MEMORY ASSETS AT LEAST 18 BILLION	DATE:2017-06-12
Nearing the final step about bidding for Toshiba Memory assets,  Western Digital corporation continue to be among the favorites of the race.  Indeed, having a joint venture with Toshiba to produce solid-state memory and being one of the "trustworthy" American investors, WDC simply can not afford to miss this chance, even if one has to be content with a modest stake at first. On new arguments WDC in the auction for Toshiba Memory told in the weekend resource Reuters .  The investor alliance, which includes Western Digital as the "ideological mastermind of the deal," will have to pay at least $ 18 billion for Toshiba Memory assets, as the management of the parent corporation has set this minimum bar for all investors participating in the trades.  Moreover, the competing Broadcom with the support of its partners is ready to pay $ 20 billion. WDC is trying to locate the seller and other concessions.  In particular, it is ready to refuse legal claims if the amount of the deal is limited to $ 18 billion. WDC hopes to avoid increased attention from the antimonopoly authorities, focusing not on buying out Toshiba Memory shares, but on acquiring the debt obligations of the Japanese company.  In addition, WDC is committed to invest in the development of a joint venture with Toshiba at least $ 25 billion in the coming years, as well as build two new enterprises for the production of memory.  For development and research, the US company is ready to spend up to $ 39 billion, and the number of personnel of Japanese factories it undertakes over the next two years to increase by 5% per year. Related Products :

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WDC Companions will have to pay for Toshiba Memory assets at least 18 billion (2017-06-12)

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