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Toshiba's chairman of the board pushed back against investor calls to resign and blamed former CEO, Nobuaki Kurumatani, for helping pitch the company into crisis

Toshiba's chairman of the board pushed back against investor calls to resign and blamed former CEO, Nobuaki Kurumatani, for helping pitch the company into crisis

Toshiba chairman Osamu Nagayama is resisting pressure to quit, and says the firm's troubles with shareholders are largely down to the confrontational attitude of former CEO Nobuaki Kurumatani

Toshiba's chairman is resisting pressure from investors to quit and blaming the firm's problems on former CEO Nobuaki Kurumatani

Toshiba chairman Osamu Nagayama is resisting pressure to quit, and says the firm's troubles with shareholders are largely down to the confrontational attitude of former CEO Nobuaki Kurumatani

Toshiba's chairman is resisting pressure from investors to quit and blaming the firm's problems on former CEO Nobuaki Kurumatani

Toshiba CEO Nobuaki Kurumatani has resigned. Kurumatani had been under fire over a $20 billion buyout bid from his former employer CVC Capital Partners

WATCH: Toshiba CEO Nobuaki Kurumatani has resigned. Kurumatani had been under fire over a $20 billion buyout bid from his former employer CVC Capital Partners

Toshiba CEO Nobuaki Kurumatani has resigned. Kurumatani had been under fire over a $20 billion buyout bid from his former employer CVC Capital Partners. More here:

WATCH: Toshiba CEO Nobuaki Kurumatani resigned amid controversy over a $20 billion buyout bid from CVC Capital Partners. The conglomerate's shares surged on reports that other suitors are now thought to be waiting in the wings

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Toshiba CEO Nobuaki Kurumatani resigned amid controversy over a $20 billion buyout bid from CVC Capital Partners and the conglomerate’s shares surged on reports that KKR & Co and Brookfield are also planning offers

Toshiba CEO Nobuaki Kurumatani resigned amid controversy over a $20 billion buyout bid from CVC Capital Partners

Exclusive: Toshiba’s board planned to oust troubled CEO Nobuaki Kurumatani before CVC Capital Partners launched a $20 billion buyout bid last week, informing him a day before the offer was announced that it would replace him, sources say

Toshiba's president Nobuaki Kurumatani will resign on Wednesday, reports say, as a buyout offer from a private equity firm stirs turmoil inside the Japanese firm

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UPDATE: Toshiba shares rise 6.6% after the company said CEO Nobuaki Kurumatani is stepping down

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BREAKING: Toshiba CEO Nobuaki Kurumatani is stepping down after losing support among executives and employees. He will be succeeded by Chairman Satoshi Tsunakawa.

Mt. Gox’s trustee Nobuaki Kobayashi has at last filed a draft plan for the rehabilitation of creditors including former users. Via @Tanzeel_Akhtar 

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