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Toshiba in turmoil

Toshiba shareholders hold key to board shake-up in management crisis

Farallon and Elliott executives nominated as company explores buyout

Toshiba has been weighing strategic alternatives, including a buyout, after shareholders rejected its plan to split itself in two earlier this year.   © Reuters

TOKYO -- After announcing a list of 13 candidates for the board nearly two weeks behind schedule, Toshiba now faces the next challenge of getting frustrated shareholders to greenlight the picks.

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