15 days ago • Posted by William Ramstein

CVC taps Toshiba for $20B buyout--stocks booms 18%

CVC Capital Partners plans to propose a deal to take Toshiba private in a offer valued north of $20B. Toshiba has been struggling with legal issues in the past year and the firm's involvement in a number of sensitive industries may complicate government approval considering CVC is not a Japanese firm.

Source: Yahoo