WDC/Sandisk Corporation Message Board

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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 (60013)	3/16/2016 2:01:40 PM
From: FJB	of 60323

3.5% of $18 billion is $630 million. If there is a downturn, that is a big bill to cover. ====================================== The $18 billion debt package will comprise $9 billion in term loans, $8.1 billion in bridge loans, and $1 billion revolving line of credit Western Digital Corp ( NASDAQ:WDC) has its eyes set on acquiring SanDisk Corporation (NASDAQ:SNDK) in a bid to turn itself into a storage solutions company on a global scale. The deal, valued at $19 billion, was announced on October 21, 2015. As per the agreement, Western Digital will pay $67.5 per share to SanDisk in cash and 0.2387 of its own stock.

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