TOKYO -- Toshiba's decision to raise 600 billion yen ($5.33 billion) through a private share placement has sharply improved the odds of the company avoiding a stock delisting. But the Japanese conglomerate may be giving up management freedom in exchange for offering new shares to dozens of foreign hedge funds.
Toshiba in turmoil
Activist funds flock to Toshiba's massive share offering
Desperate move to stave off delisting may create future challenges