The $15-B scramble for Japan’s Toshiba went from bang to whimper

TOKYO  -Toshiba Corp’s auction was supposed to ignite a race for top-dollar bids among global private equity firms. Instead, it brought months of uncertainty and a solitary, scaled-back offer from the company’s business partners in Japan. The $15-billion bid, led by domestic buyout firm Japan Industrial Partners (JIP) and accepted by Toshiba’s board last week, … Continue reading The $15-B scramble for Japan’s Toshiba went from bang to whimper