Broadcom bid for Toshiba Memory Business – report

Broadcom is gearing up to deliver a $20bn (2.2 trillion yen) bid for Toshiba’s Memory Business, reports Bloomberg. The Memory Business was put on the auction block so Toshiba could recapitalise after facing potentially company-destroying losses from its US nuclear power station business, which has filed for Chapter 11 …

[Gene Cash]

"Apple is still pondering participation"

I assume they're going to wait until the end of the bidding and go "what he said, plus 10%" like any good eBay sniper...