TOKYO (Reuters) - Shares in Japan's scandal-ridden Olympus Corp slumped almost 20 percent on Thursday after it corrected its accounts to reveal a dramatically weakened balance sheet, stoking talk that it might need to merge, sell assets or raise fresh capital. The maker of cameras and medical equipment ironed out its accounts on Wednesday, unwinding a 13-year book-keeping fraud that came to light in October, and showing that its net assets were $1.1 billion less than it had previously disclosed. ...
12/15/2011 10:58:00 AM
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