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And don’t miss Tim Culpan on why Toshiba should stand by its chip unit: “If Toshiba sold the memory-chip unit for $18 billion and provisioned for its nuclear liabilities and negative equity, it would be left with $7.6 billion. There would be other outstanding debts, but what the company wouldn’t have is the unit that brings in about one-third of revenue and operating income. It would also be left with a bucket of cash and nowhere to spend it.”
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