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Bull Trader USA

Dow Jones Newswires: Toshiba shares rise sharply on potential Bain Capital bid

Toshiba Corp. shares rose sharply Friday morning after Bain Capital said it was examining a possible bid for the Japanese industrial company.

The shares were recently 5.3% higher at 4,898 yen ($40.25) after rising as much as 6.3% earlier.

Bain Capital said Thursday after market close that it wanted to hold careful discussions with Toshiba’s…

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