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Technology Stocks : Semi Equipment Analysis
SOXX 314.52-0.6%Dec 11 4:00 PM EST

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From: bigchad6/24/2014 10:05:17 PM
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Fusion-io Talked to Plenty of Suitors Besides SanDisk -- Market Talk
5:43p ET June 24, 2014 (Dow Jones)

Fusion-io Talked to Plenty of Suitors Besides SanDisk -- Market Talk
17:43 EDT - Fusion-io (FIO) didn't rush blindly into its $1.3B deal to be purchased by SanDisk (SNDK), a bigger player in data storage. The Salt Lake City company by last December had communicated with 11 companies regarding a possible transaction, according to a Fusion-io filing describing the background of the SanDisk deal. Two others--identified only as Party A and Party F--engaged much in discussions, opting to back away in May. That was the month that SanDisk, which had broken off talks in December, again approached Fusion-io about a deal. (don.clark@wsj.com)
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