SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : WDC/Sandisk Corporation
WDC 169.99-2.4%Nov 11 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Art Bechhoefer who wrote (9897)3/29/2000 6:56:00 PM
From: Bargain Hunter  Read Replies (1) of 60323
 
Art, I read it the same way you did. The release was not very clear, but seemed to suggest that VRTS will get the SNDK stake.

In the short term this could help the price of SNDK because Seagate may stop selling shares until the transaction closes. In the longer run it all depends on what VRTS chooses to do. If VRTS has no strong interest in SNDK, SNDK management could help them do private placements into strong hands.

We will all be watching the insider trading reports very carefully.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News