Sharp Rises After Report on Talks With Dell for Investment
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Sharp Corp., the TV maker that warned about its ability to survive, rose the most in a week in Tokyo trading after the Wall Street Journal said the company’s in talks with Dell Inc. for an investment.
Japan’s biggest maker of liquid-crystal-display panels gained 3.1 percent to 169 yen, trimming the year-to-date decline to 75 percent and valuing the company at 188 billion yen ($2.3 billion). The Osaka-based company is the world’s worst-performing major stock this year.