Toshiba Gets $19B Buyout Bid Sending Shares Surging

  • Toshiba Corp shares jumped on Thursday following a report that a domestic-led consortium is looking to buy the Japanese conglomerate for $19.1 billion.
  • The bid comes to a 26 percent premium from Wednesday’s closing price.
  • Shares of Toshiba jumped 7.5 percent, putting them on track for their biggest one-day gain in more than a year.
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