Western Drops 5%: Relationship with Toshiba ‘Irrepairable,’ Says Summit Redstone

Tech Trader Daily
By Tiernan RaySep 13, 2017, 11:26 am125 pts
Western may lose its guaranteed supply of NAND flash chips as Toshiba re-enters talks with private equity Bain Capital and partners for sale of Toshiba's chip unit, shutting out Western, says Summit Redstone analyst Kinngai Chan, cutting Western shares to a Hold.

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