TOKYO -- The Harvard University endowment fund, a major Toshiba shareholder, sold its shares in the company in March to a Singapore-based activist investor, according to people familiar with the transaction.
Activist shareholders now own over 30% of Japanese group facing takeover proposal

Six of Toshiba's top 10 shareholders are now activist funds. (Photo by Takuya Imai)
TOKYO -- The Harvard University endowment fund, a major Toshiba shareholder, sold its shares in the company in March to a Singapore-based activist investor, according to people familiar with the transaction.