PPC4YOU.COM Mobile News.
Sharp planning to tap banks for second bailout in three years
Mar 3 2015 5:35AM EST | Source: REUTERS TechnologyTOKYO (Reuters) - Japan's loss-making Sharp Corp will seek new funds for further restructuring from its two main lenders, a source with direct knowledge of the matter said, with a debt-to-equity swap seen by bankers as the most feasible option.