Toshiba needs to sell the division in order to meet capital requirements to remain listed in the Tokyo stock exchange by March 2018. It is not clear at this point that all these matters can be resolved by then unless WD is a part of any deal.
from Forbes Real Time https://www.forbes.com/sites/tomcoughlin/2017/09/16/a-crowded-offer-for-toshiba-memory/
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