Sharp wouldn't sell copier, printer business to Samsung -- report
Samsung and Sharp might have come to an ownership agreement, but the deal doesn't include the Galaxy handset maker gobbling up a key piece of Sharp's business, according to a new report.
In the deal that results in Samsung acquiring a 3 percent stake in Sharp for $111 million, Samsung tried to acquire the printer and copier division. According to a Sharp spokeswoman who spoke to Reuters in an interview published today, her company declined Samsung's offer.
For Sharp, accepting such a deal would have been a catch-22. The company needs to repay a $2.1 billion … Read more