Western Digital To Buy SanDisk For $19 Billion
Western Digital just bought a bunch of memory cards. The storage giant just announced that it has agreed to buy SanDisk Corp for about $19 billion. This comes after speculation that SanDisk was shopping for a buyer.
The deal values SanDisk at $86.50 a share, which is a 15% premium on the previous day’s closing price, giving the company a value of $15.4 billion. SanDisk is currently up 4.78% in pre-market trading.
This deal brings together two of the largest storage companies.
Continue reading at TechCrunch.
Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio ...
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Nice article, thanks for sharing.
Does this delete button work?
It doesn't seem to be working for super users, no. Other are ok.
Not a fan of Western Digital $WDC. But $SNDK is good in my book.
@[BreakingbadMarketNews](user:4870) I think it's the opposite.
Nice post.
I agree.