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Reply to "Sharp has Serious Money Problems!"

quote:
The banks that bailed out Sharp in September with $3.9 billion in emergency loans, including Mizuho Financial Group Inc (8411.T) and Mitsubishi UFJ Financial Group Inc (8306.T), are not including a Hon Hai investment in a business plan they are hammering out for Japan's leading LCD panel maker, sources told Reuters last month.


Note from Art:

So as many pundits thought that the banks would not have say in Sharps new business plan, the above sentence states that the two banks are involved with the New Sharp business plan moving forward.
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