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To: Unwelcomeguest who wrote (3646)4/25/2018 12:09:58 AM
From: SiliconAlley   of 4828
 
No one disputes that the Chinese are intent on world domination, but reading the thesis would go a long way toward keeping this board from going off topic. The melodramatic assertion made by another poster was not about Chinese goals, but that Chinese regulators rejected the Bain deal so they could buy the Toshiba business itself. The conjecture ignores the ability of Japanese regulators to reject such an acquisition, and the 100% certainty that they would. The rejection of the Bain deal was no different from every other deal where China could not extract the pound of flesh they desired in order to grease the wheels.

This same poster previously asserted, following the CFIUS rejection of Chinese involvement in Western Digital, that China backed out in order to buy into Western Digital at a low price. Which ignored the fact that CFIUS rejected the deal, and China could not buy into Western Digital at any price.

Nothing that China does or says is going to allow them to purchase any part of Toshiba, regardless of Chinese desires. If you can lay out a scenario where a sale to Chinese regulators of Toshiba memory assets can be approved, I invite you to share that.
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