Sharp Corp. sent officials for talks with Hon Hai Precision Industry Co. on Friday, sources said, a day after the Taiwanese firm said it would delay signing a deal to acquire Sharp.

Sharp board members decided to accept an offer from Hon Hai, which trades as Foxconn, in a ¥660 billion investment. But hours later, Hon Hai stalled, citing "new material information" in a document sent from Sharp.

Hon Hai learned this week about liabilities at Sharp that could exceed ¥300 billion under certain circumstances, according to people familiar with the matter. Triggered by events such as restructuring or layoffs, they could also be much lower, the people said.