Sharp, Foxconn to sign deal next week: Sources

JapanTimes of India — TOKYO: Sharp and Taiwan’s Foxconn are set to sign a takeover deal next week after repeated delays, with the two sides set to agree on a smaller bailout than originally planned for the troubled Japanese electronics maker, two sources familiar with the talks said on Saturday. The two companies will hold board meetings on Wednesday to approve the deal and officially sign a deal the following day, said the two sources with direct knowledge of the talks.

http://timesofindia.indiatimes.com/tech/tech-news/Sharp-Foxconn-to-sign-deal-next-week-Sources/articleshow/51560140.cms

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