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Toshiba Corp. says it has received eight offers to buy out the conglomerate and two proposals for capital and business alliances, as the industrial giant moves a step closer to becoming privately owned.

The Tokyo-based company revealed the number of nonbinding bids received in a statement Thursday, without disclosing the bidders. It will evaluate them and choose one or more to pursue as soon as possible after the annual shareholder meeting scheduled for June 28.

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