Foxconn acquisition team “went berserk” when they learned of potential Sharp liabilities, deal in doubt<div class="feat-image">
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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>
<p> <a href="
http://9to5mac.com/2016/02/26/foxconn-sharp-acquisition-doubts/#more-420774" class="more-link">(more…)[/url]</p>
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='
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Foxconn acquisition team “went berserk” when they learned of potential Sharp liabilities, deal in doubt