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Kassel & Associates
June 13, 2017
TOKYO — Money-losing Japanese nuclear and electronics company Toshiba Corp. will pay $3.68 billion toward the construction of two reactors in Georgia by its U.S. unit Westinghouse, which has filed for bankruptcy protection.
Tokyo-based Toshiba said Saturday the payment, under agreement with the operator of the Vogtle plant, will be made from October through January 2021.
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