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Sale of Toshiba Memory Corporation Approved by Toshiba's Shareholders

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rjohnson11
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Tuesday, October 24, 2017 8:44 AM (permalink)
https://www.techpowerup.com/238105/sale-of-toshiba-memory-corporation-approved-by-toshibas-shareholders
 
This was obviously going to be approved by the shareholders to help Toshiba dig itself out of debt caused by its Westinghouse nuclear plant bankruptcy.  

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    Killmur
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    Re: Sale of Toshiba Memory Corporation Approved by Toshiba's Shareholders Tuesday, October 24, 2017 9:00 AM (permalink)
    I find this oddly ironic seeing as how they themselves bought out OCZ in order to save that company and now Toshiba is looking to be saved.


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    rjohnson11
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    Re: Sale of Toshiba Memory Corporation Approved by Toshiba's Shareholders Tuesday, October 24, 2017 10:51 AM (permalink)
    Killmur
    I find this oddly ironic seeing as how they themselves bought out OCZ in order to save that company and now Toshiba is looking to be saved.


    They made a bad business decision regarding the Westinghouse nuclear plants. Hopefully they have learned from that experience. 

    AMD Ryzen 9 7950X,  Corsair Mp700 Pro M.2, 64GB Corsair Dominator Titanium DDR5  X670E Steel Legend, MSI RTX 4090 Associate Code: H5U80QBH6BH0AXF. I am NOT an employee of EVGA

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    seth89
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    Re: Sale of Toshiba Memory Corporation Approved by Toshiba's Shareholders Tuesday, October 24, 2017 7:55 PM (permalink)
    rjohnson11
    Killmur
    I find this oddly ironic seeing as how they themselves bought out OCZ in order to save that company and now Toshiba is looking to be saved.


    They made a bad business decision regarding the Westinghouse nuclear plants. Hopefully they have learned from that experience. 

    Nuclear power story:
    Over here on Long Island (NY) the power company as in yes there is only one power company for the entire island built a plant in Shoreham/ Wading River and only until after they were done building it they decided Long Island was to crowded for a nuclear plant.
    They never turned it on and now any town in the township of Brookhaven has a awesome property tax averaging 8-10+ thousand a year for the rest of time to offset the bill for thing. Ohh and it still there, just doesn’t do much.
    https://en.m.wikipedia.or...am_Nuclear_Power_Plant

    But maybe Toshiba should have just passed the difference onto tax payers like they do here in New York.
    post edited by seth89 - Tuesday, October 24, 2017 7:59 PM


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