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Technology Stocks : WDC/Sandisk Corporation
WDC 163.00-0.4%Nov 7 9:30 AM EST

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To: SiliconAlley who wrote (59925)2/23/2016 8:07:31 AM
From: sylvester80  Read Replies (1) of 60323
 
02/23/2016 05:43 Western Digital to Buy SanDisk as Transaction With Unis Blocked
finance.yahoo.com
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Western Digital will pay SanDisk owners $67.50 a share in cash and 0.2387 a Western Digital share for each SanDisk share, the company said in a statement.

The companies reached this alternative arrangement after learning that the Committee on Foreign Investment in the United States, which vets and can stand in the way of foreign takeovers of U.S. companies, would carry out an investigation of the proposal.
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