[Toshiba advises shareholders to support a $14 billion takeover offer led by JIP] Toshiba of Japan said on the 8th that its board of directors had decided to recommend that shareholders accept a takeover offer from a consortium led by private equity firm Japan Industrial Partners (JIP). According to the Nikkei News, Toshiba has accepted an offer from a consortium led by JIP in a deal estimated to be about 2 trillion yen ($14.29 billion).