Foxconn To Delay $4.3 Billion Takeover of Sharp

Discussion in 'General Trading Discussion' started by Rainman, Feb 25, 2016.

  1. Rainman

    Rainman Senior Investor

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    Though rumors have it that the deal Foxconn will be buying the struggling Japanese company, Foxconn has said it will delay signing the deal saying it had received new information that needed to be clarified before the deal is done. According to analysts the deal would be good for Sharp because Foxconn could help sell Sharp's liquid crystal display panels elsewhere in Asia.
     

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