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Business

No breakthrough for Toshiba, Western Digital on memory unit sale

Embattled Japanese conglomerate keeps talks open with three rival bidders

MITSURU OBE, Nikkei staff writer | China

TOKYO -- Toshiba failed to achieve a breakthrough Thursday over the possible sale of its flash memory business to a consortium involving U.S. hard drive maker Western Digital.

The struggling Japanese conglomerate said in a statement the same day that it will continue talks with three rival bidders, including the Western Digital group.

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