Thursday, March 9, 2017

Toshiba's Westinghouse brings in bankruptcy lawyers; disclosure deadlines loom

NEW YORK/TOKYO (Reuters) - U.S. nuclear firm Westinghouse Electric Co LLC has hired bankruptcy attorneys, in a sign that owner Toshiba Corp is more seriously weighing a Chapter 11 filing as an option to help it rein in a multibillion dollar financial maelstrom.

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