Under an agreement, Western Digital will drop efforts to block the Japanese company's $18 billion sale of its flash-memory business in exchange for the extension of their joint venture agreements, Bloomberg reported, citing people familiar with the matter.
Reuters
@moneycontrolcom
Toshiba Corp and Western Digital Corp are said to be close to settling their legal dispute, Bloomberg reported on Thursday.
Under an agreement, Western Digital will drop efforts to block the Japanese company's $18 billion sale of its flash-memory business in exchange for the extension of their joint venture agreements, Bloomberg reported, citing people familiar with the matter.
Western Digital and Toshiba were not immediately available for comment.
