Jan 18

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Blog Post: Toshiba To Sell Claims Against Westinghouse For $2.2B

by Anonymous

Toshiba Corp. announced Thursday it has agreed to sell billions worth of claims it holds against Westinghouse Electric Co., its bankrupt nuclear contracting subsidiary, for close to $2.2 billion, helping set up a path for Westinghouse to confirm a reorganization plan by the end of March.
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