Toshiba said to seek bids for chip unit at $13b value

Toshiba said to seek bids for chip unit at $13b value

Toshiba logo (visual from the MBT website -Shohei Miyano/Reuters)

Toshiba Corp. is sending letters soliciting offers for its memory chip business this week and seeking bids that value it at about 1.5 trillion yen ($13 billion), according to people familiar with the matter.

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