https://www.cnbc.com/2017/09/05/western-digital-offers-to-exit-toshiba-chip-bid-for-better-joint-venture-terms-sources.html

Western Digital has offered to drop out of a bid for Toshiba's lucrative semiconductor business in return for a stronger position in the two companies' chip joint venture, two sources said on Tuesday.

Toshiba needs to sell the chip unit to plug a giant hole in its finances caused by the failure of the conglomerate's U.S. nuclear business, but the deal has snagged on such issues as antitrust concerns if the U.S. disk-drive maker were a major owner.