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Japan government-led group tells Toshiba to fix chip spat with Western Digital: sources
A Japanese government-led consortium has told Toshiba Corp it needs to resolve its legal dispute with Western Digital Corp before it will invest in the firm's chip unit, sources briefed on the matter said. The conglomerate had set its sights on choosing a preferred bidder at a board meeting on Wednesday, separate sources familiar with the matter said. It wants to reach a definitive agreement by June 28, the day of its annual shareholders meeting.
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