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Technology Stocks : WDC/Sandisk Corporation
WDC 163.61+2.2%3:59 PM EST

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To: Art Bechhoefer who wrote (60186)5/3/2016 1:13:28 PM
From: SiliconAlley  Read Replies (1) of 60323
 
The arbitragers have ruled. SanDisk is trading at roughly a 1.3% discount to deal value. This does not indicate a belief that there is ANY substantial risk of the deal not closing in a timely manner.

I don't know how you believe that MOFCOM is "sitting on" the merger. This was originally targeted to close in the 3rd quarter, and has been pushed up to the 2nd quarter. I see no relationship to the Unisplendour deal. I would certainly appreciate any evidence you site regarding what MOFCOM is or is not doing with respect to this deal. Government actions take time.

My grandfather ate pickles, and he later died. I do not make the connection that he died from eating pickles.
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