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Sharp - gets more time to negotiate Foxconn offer'
2016-03-26 23:28:29| Electronics - Topix.net
Sharp Corporation's banks are ready to push back the deadline for most of the company's 510 billion yen in loans and credit lines beyond March 31, people with knowledge of the matter said, giving the electronics maker more time to reach a renegotiated deal to be acquired by Foxconn Technology Group. The extension may be as long as a month, said the people, who asked not to be identified as the decision has not been publicly announced.
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Category:Electronics and Electrical
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