Apple supplier Japan Display seals $920 million bailout from Ichigo
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TOKYO (Reuters) - Japan Display Inc said on Friday it sealed a deal to receive up to 100.8 billion yen (699.08 million pounds) from Ichigo Asset Management, a critical bailout for the Apple supplier that has been dependant on publicly funded rescues.The deal will give the independent Japanese investment manager effective control of the liquid crystal display (LCD) maker with a 44.26% stake initially, replacing the Japanese government-backed INCJ fund as the top shareholder.The bailout comes as..