TOKYO: Toshiba Corp shareholders rejected the company’s proposal to split in two in a key vote yesterday, dealing a blow to management’s plans for the 146-year-old Japanese conglomerate. The separation proposal didn’t get the simple majority it needed to be approved, the Tokyo-based firm said. While the vote is purely advisory and not legally binding, its failure to pass makes it more difficult for Toshiba’s executives to press forward with the breakup plan.To make matters more complicated, shar
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2022-03-25 00:00:00.0