Toshiba Corp. is planning a board meeting Thursday to discuss the buyout offer by a group led by private equity firm Japan Industrial Partners Inc., according to people familiar with the matter.
A special committee dedicated to vetting the takeover bid will make recommendations ahead of the meeting, the people said, asking not to be identified as the information is private. There’s a chance directors could proceed with a vote, the people said. Should the board agree to accept the offer, an announcement could come as soon as Thursday, the people said.
