The reported $20 billion bid to take Toshiba private from U.K.-based private equity fund CVC Capital Partners has the investment community abuzz: Will CEO Nobuaki Kurumatani actually be allowed to pull it off and escape the nets that are encircling him? There is no way the timing of CVC's offer, on the heels of a shareholder vote to appoint independent investigators to review alleged vote tampering at last year's annual general meeting, is a coincidence.