TOKYO -- The board of directors of Sharp last night reportedly accepted a roughly $6 billion proposal from Foxconn, but the latter is now showing signs of remorse.

After the bid was accepted, however, Foxconn said it would delay closing, citing information received from Sharp Wednesday night.

The deal, which Foxconn sweetened this week, called for the ODM to acquire about 66% of Sharp for $6.25 billion. It was the second time Foxconn had bid to get a stake in Sharp; the previous attempt came in 2012.

Before Foxconn's statement, it had planned to close on the acquisition by the end of this month.

It reportedly would be the largest acquisition of a Japanese company by a foreign investor.

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