#<p><strong><a href="http://www.techeye.net/wp-content/uploads/2015/04/sharp2.gif"><img class=" size-full wp-image-157883 alignleft" src="http://www.techeye.net/wp-content/uploads/2015/04/sharp2.gif" alt="sharp2" width="330" height="328" /></a>Japan’s Sharp</strong> and its main banks are about to agree on a $1.7 billion rescue and restructuring plan which involves splitting off its ailing smartphone display business.</p>
<p>This will be Sharp’s second major bailout in three years. Under the deal Sharp’s lenders, Mizuho Bank and Bank of Tokyo-Mitsubishi, will inject a combined $1.7 billion in a debt-for-equity swap.… <a href="http://www.techeye.net/business/sharp-bailout-deal-agreed" class="read_more">Read the rest</a></p>

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