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Toshiba shares slide as execs chase $18 billion deal

7:13am EDT - 02:07

Shares of Toshiba slip after the company announces its preferred bidders in a deal to sell its chips business to cover massive losses. Reuters' William Mallard explains why the Japanese government is in on the deal.

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Toshiba shares slide as execs chase $18 billion deal

7:13am EDT - 02:07