Shareholders of Toshiba Corp. on Thursday approved a company proposal to reappoint 11 directors who backed a tender offer made by a consortium led by Japan Industrial Partners Inc., although some investors criticized the offer as being "too cheap."The effective investor approval for the 2 trillion yen ($14 billion) buyout plan is expected to move forward with the planned privatization of the struggling tech conglomerate, with the tender offer starting as early as late next month.If the tender offer is agreed on and Toshiba becomes private, the company will be able to cut ties with overseas …READ FULL ARTICLE
