back to article Oh my Tosh: Western Digital takes Toshiba to arbitration

WDC is taking Toshiba to an arbitration court process, potentially blocking Toshiba's sale of its Memory Business, which owns Toshiba's share in a flash foundry joint venture with WDC. The JV has an arbitration clause in its contract terms and conditions which gives WDC the right to agree or disagree any sale of Toshiba's JV …

Silver badge
Holmes

Here's an idea that means those pesky litigation lawyers don't have to be paid a stupid amount of money to just argue the toss.

Why doesn't WDC buy the business from Toshiba?

0
3

"Why doesn't WDC buy the business from Toshiba?"

Because after its takeover of SanDisk, Western Digital doesn't have the money to come anywhere near the offers other companies are making, even if they wanted to.

5
0
Silver badge

Makes total sense, I forgot about the SanDisk thing.

0
0
Anonymous Coward

If only there was some way of finding out whether a question forming in your mind already had an answer.

5
0

they want to. they have a bid in.

unfortunately, it appears to be a bid based on fair market value, which makes it the lowest of the 4 or 5 reached in the first round.

0
0

This post has been deleted by its author

This post has been deleted by its author

Anonymous Coward

Toshiba

Karma

0
0

assets are cheaper in Chapter 7

which is probably where Toshiba will end up at this rate. years of cooked books, nuke business meltdown (not the nukes, the business, due to brain-dead money tossing), and top-floor chasing after the next big thing that wasn't. even if they'd stayed with 50-inch TVs they couldn't mess up this badly.

0
0

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Forums

Biting the hand that feeds IT © 1998–2017