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Sharp bets on another bailout; banks want bold overhaul at firm

Friday, March 6, 2015 - 05:50

Tokyo

LOSS-MAKING Japanese electronics firm Sharp Corp met its main banks on Thursday in an effort to secure its second major bailout since 2012, betting they will have little choice but to pay up despite their call for more drastic overhauls. Sharp chief executive Kozo Takahashi was