Hold on a minute
So, investors were dead against a split last week when it was the Board that proposed it, but this week a major investor is all for it ?
And is brokering his own deal ?
Smells like financial shenanigans are afoot.
Singapore-based Effissimo Capital Management, the largest shareholder in troubled Japanese tech giant Toshiba, has signed a deal to sell its stake to American private investment firm Bain Capital – if Bain decides to launch a takeover bid. As explained in a regulatory filing Effissimo submitted on Thursday, the deal does not …
Smells like financial shenanigans are afoot.
Smells?
Stinks more like it.
Be sure there's something going on.
The usual when any corporation dedicated to moving unnamed money around* says it wants to bid for some company's assets.
The words Management and Capital are the give-away.
* Corporations not actually involved in the production of anything physical and of actual value.
ie: they just use other people's money to make still more money, something only loansharks and dodgy banking institutions did before this new industry Thatcher and Reagan's 80's left us reared its ugly head over us all.
O.
I remember those lovely tiny palm size Toshiba full windows OS laptops, they were 20 years ahead of thier time. They even took discs and CDs, so the actual board footprint was not much larger than today’s phones. microphones WebCam speakers and modem all built in including a touch clitoris thing and vga out. Leyte models had Bluetooth as well