Reply to post: Re: I've never got my head around Economics...

Toshiba must allow Western Digital access to joint-venture assets

Raphael

Re: I've never got my head around Economics...

the memory business may be profitable enough to attract a buyer, but it's not profitable enough for Toshiba to generate the cash it needs in time to avoid delisting on the Tokyo stock exchange.

And getting the loan would be trading one set of debt for another which is the problem they have at the moment.

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