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Foxconn acquisition team “went berserk” when they learned of potential Sharp liabilities, deal in doubt

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<p>Plans for iPhone assembler <a href="http://9to5mac.com/tag/foxconn/" target="_blank">Foxconn[/url] to <a href="http://9to5mac.com/2016/02/24/foxconn-acquires-sharp/" target="_blank">acquire Sharp[/url], allowing it to move into making displays for future devices, now appear in significant doubt. Initially reported in Japan as a done deal, the <a href="http://www.wsj.com/articles/sharp-accepts-foxconns-6-25-billion-takeover-offer-1456367642" target="_blank">WSJ[/url] quickly reported that Foxconn was “delaying” signing – and the same source today reports that talks have broken down.</p>

<p class="p1"><span class="s1">Sharp Corp on Friday scrambled to salvage a sale to Taiwanese electronics assembler Foxconn as its stock plunged and investors questioned whether the companies could restore trust to make their proposed marriage work after an 11th-hour breakdown in talks … </span></p>

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Filed under: <a href='http://9to5mac.com/category/ios-devices/'>iOS Devices[/url] Tagged: <a href='http://9to5mac.com/tag/apple-inc/'>Apple Inc[/url], <a href='http://9to5mac.com/tag/foxconn/'>Foxconn[/url], <a href='http://9to5mac.com/tag/iphone/'>iPhone[/url], <a href='http://9to5mac.com/tag/sharp/'>Sharp[/url], <a href='http://9to5mac.com/tag/sharp-corporation/'>Sharp Corporation[/url], <a href='http://9to5mac.com/tag/terry-gou/'>Terry Gou[/url] <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gocomments/9to5mac.wordpress.com/420774/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/comments/9to5mac.wordpress.com/420774/" />[/url] <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godelicious/9to5mac.wordpress.com/420774/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/delicious/9to5mac.wordpress.com/420774/" />[/url] <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gofacebook/9to5mac.wordpress.com/420774/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/facebook/9to5mac.wordpress.com/420774/" />[/url] <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gotwitter/9to5mac.wordpress.com/420774/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/twitter/9to5mac.wordpress.com/420774/" />[/url] <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gostumble/9to5mac.wordpress.com/420774/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/stumble/9to5mac.wordpress.com/420774/" />[/url] <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godigg/9to5mac.wordpress.com/420774/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/digg/9to5mac.wordpress.com/420774/" />[/url] <a rel="nofollow" href="http://feeds.wordpress.com/1.0/goreddit/9to5mac.wordpress.com/420774/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/reddit/9to5mac.wordpress.com/420774/" />[/url] <img alt="" border="0" src="(http://[img]http://pixel.wp.com/b.gif)[/img]?host=9to5mac.com&blog=22754319&post=420774&subd=9to5mac&ref=&feed=1" width="1" height="1" /><img alt="" border="0" src="(http://[img]http://pixel.wp.com/b.gif)[/img]?host=9to5mac.com&blog=22754319&post=420774&subd=9to5mac&ref=&feed=1" width="1" height="1" /><div class="feedflare">
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