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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: david1951 who wrote (60062)4/6/2016 11:49:03 AM
From: FJB1 Recommendation

Recommended By
franklin1

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I don't see how adding $18 billion in debt will come out to only 28 cents/year in interest. I don't own any WDC or SanDisk, so it is not worth it for me to do all the calcs. But I guarantee the interest will be SIGNIFICANTLY higher than $0.28 a year.

5% of 18 billion is 900 million for instance. Look at how much interest they were going to have to pay further up the board. WDC has about 233 million shares outstanding pre merger.

bloomberg.com
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