WDC/Sandisk Corporation Message Board

STOCKTALK

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 165.85

+3.6%

2:56 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: SiliconAlley who wrote (60187)	5/3/2016 1:25:35 PM
From: Art Bechhoefer	Read Replies (1) of 60323

". . . SanDisk is trading at roughly a 1.3% discount to deal value. . ." WDC currently trades at $39.25. SNDK shareholders get $67.50 + 0.2387 shares of WDC, a total value of $67.50 + $9.36 at today's WDC price. That is equal to $76.87 per share, if and when the merger takes place. Previously, when WDC shares were trading near $48, SNDK shares were trading in sympathy just below $78. The current discount is greater than 1.3% of the deal price. Do the math. Meanwhile, don't assume that the lost dividend on SNDK shares is insignificant for SNDK shareholders. Art

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next