Toshiba delves in heels after Hoya's spontaneous offer for innovation unit

Only days after Hoya Corp. made an unfriendly takeover offer for one of Toshiba Corp's. Traded on an open market unit — an incredibly uncommon move in Japan — the mechanical mammoth is reacting with similarly bizarre gruffness. "Essentially, I'm not selling," Toshiba Chief Executive Officer and Chairman Nobuaki Kurumatani said in a meeting. "Cost isn't the issue — it's decisive for" NuFlare....