Foxconn, Sharp Said to Weigh Revising Terms of Approved Deal

  • Bankers, lawyers huddle over weekend to discuss liabilities
  • Sharp board may have to vote again if deal changes materially

A pedestrian walks past a Sharp Corp. liquid-crystal display in Tokyo, Japan, on Thursday, January 21, 2016.

Photographer: Akio Kon/Bloomberg

Taiwan’s Foxconn Technology Group and Sharp Corp. worked through the weekend to salvage their proposed $6 billion deal with one potential outcome being a revision to terms the Japanese company’s board approved just last week, according to people familiar with the matter. 

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