Toshiba gives shareholder management masterclass

MUMBAI, June 9 (Reuters Breakingviews) – A Japanese corporate titan is showing others how to constructively engage pushy owners. Two-and-a-half months after Toshiba (6502.T) first tentatively supported a $14 billion buyout offer from a consortium led by Japan Industrial Partners, the scandal-ridden elevators-to-power-systems conglomerate officially recommended the deal to shareholders, taking into account investor feedback and effectively concluding no better offer […]