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Toshiba board accepts Japan Industrial Partners' $15.2 bln buyout proposal

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Toshiba board accepts Japan Industrial Partners' $15.2 bln buyout proposal

Toshiba Corp's board has accepted a $15.2 billion buyout offer from a group led by private equity firm Japan Industrial Partners, the company said on Thursday, potentially drawing a line under years of upheaval at the conglomerate.

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Toshiba board accepts Japan Industrial Partners' $15.2 bln buyout proposal

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Toshiba board accepts Japan Industrial Partners' $15.2 bln buyout proposal

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