TOKYO (Reuters) - Western Digital Corp (WDC.O) expects a ruling on its request for a court injunction to stop the sale of Toshiba Corp’s (6502.T) chip unit by mid-July, a source familiar with the situation said on Thursday.
The California-based firm presented a revised offer for the chip unit that met Toshiba’s requests on Wednesday but did not receive a positive response, a separate source said.
Western Digital is concerned about how Toshiba, the Japanese government and other stakeholders are handling the auction’s decision-making process, the second source added.
The sources declined to be identified due to the sensitivity of the negotiations.
Toshiba declined to comment.
Reporting by Makiko Yamazaki; Editing by Edwina Gibbs