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Just ran across this today in my google alerts.  Check this statement out by the Japan Times,  "Toshiba Corp., which is embroiled in an accounting scandal, is considering selling its listed office equipment subsidiary Toshiba Tec Corp. as part of efforts to streamline its diversified businesses, sources said Monday."

I'm sure we can have a lot of fun with this one also, who would be a viable buyer?  Could this really happen?  Would they sell to Samsung?

Here's the link...http://www.japantimes.co.jp/news/2015/12/15/business/corporate-business/scandal-hit-toshiba-may-sell-toshiba-tec-unit-part-streamlining-effort/#.Vm9rvNHSkeh

Here's the link for Toshiba Tec and what they sell http://www.toshibatec.co.jp/en/

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The sources for this story are not named nor any details confirmed by Toshiba Corp.

Toshiba Corp could request Toshiba Tec (an independent subsidiary company) to buy controlling interest in its shares.

The copier division is doing OK but Toshiba Tec probably made a mistake in overpaying for the IBM Point of Sale division a few years ago.  This forced a big write down and loss on overstated assets for the last six month accounting period.

Toshiba Tec has never been involved with the accounting scandal effecting Toshiba Corp. 

Last edited by SalesServiceGuy

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