1. Japan's Toshiba Receives Eight Proposals to go Private

    Japan's Toshiba Receives Eight Proposals to go Private

    (Reuters) - Toshiba Corp, the troubled Japanese conglomerate exploring strategic options, said it has received eight initial proposals to take it private as well as two proposals for capital alliances that would see it remain listed. The news comes amid recent signs that Toshiba, which has long been at loggerheads with its large activist shareholder base, is growing more receptive to calls from foreign hedge fund investors to consider going private...

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    1. We are encouraged by the multiple proposals as we feel they reflect big expectations about Toshiba's potential.
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