[Reuters] Sharp to raise $110 million by selling 3 percent stake to Samsung Electronics

Posted by: UGN Security

[Reuters] Sharp to raise $110 million by selling 3 percent stake to Samsung Electronics - 03/06/13 03:01 AM

TOKYO (Reuters) - Sharp said on Wednesday that it will raise 10.3 billion yen ($110 million) through a share offer to Samsung Electronics in a bid to bolster its finances.