TOKYO -- A 2 trillion yen ($15 billion) bid to take Toshiba private now faces a test with shareholders after revelations the price was cut in light of the industrial group's earnings slump.
Business deals
Toshiba's approval of $15bn buyout offer puts ball in shareholders' court
Investors to weigh bid that was reduced amid earnings downgrades
Toshiba investors would need to tender at least two-thirds of outstanding shares for the bid to succeed. (Photo by Takayuki Yao)
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