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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc.

SNDK 215.03

-2.5%

Nov 26 3:59 PM EST

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From: Sam

12/12/2017 5:12:18 PM

of 4833

And here it is in all caps and bullet points to boot! Talk is good, but will Bain be able to sell their part to whomever they choose, including Chinese or Korean interests? And will Hynix still be a part of their consortium?

BRIEF-Toshiba And Western Digital Reach Global Settlement And Agree To Strengthen Flash Memory Collaboration
REUTERS 5:08 PM ET 12/12/2017

Symbol Last Price Change

WDC	81.77	+0.57 (+0.7%)
TOSBF	2.69	+0.004 (+0.15%)
QUOTES AS OF 04:00:00 PM ET 12/12/2017

Dec 12 (Reuters) - Western Digital Corp(WDC):

* PRESS RELEASE - TOSHIBA AND WESTERN DIGITAL REACH GLOBAL SETTLEMENT AND AGREE TO STRENGTHEN FLASH MEMORY COLLABORATION

* WESTERN DIGITAL CORP(WDC) - TMC AND WESTERN DIGITAL WILL PARTICIPATE JOINTLY IN FUTURE ROUNDS OF INVESTMENT IN FAB 6

* WESTERN DIGITAL CORP(WDC) - FLASH ALLIANCE WILL BE EXTENDED TO DECEMBER 31, 2029 AND FLASH FORWARD TO DECEMBER 31, 2027

* WESTERN DIGITAL(WDC) - TOSHIBA(TOSBF), TMC AND WESTERN DIGITAL HAVE AGREED TO WITHDRAW ALL PENDING LITIGATION AND ARBITRATION ACTIONS

* WESTERN DIGITAL(WDC) - TMC & CO INTEND TO ENTER INTO AGREEMENTS IN DUE COURSE UNDER WHICH CO WILL PARTICIPATE IN NEW FLASH WAFER FABRICATION FACILITY

* WESTERN DIGITAL CORP(WDC) - PARTIES HAVE AGREED ON MUTUAL PROTECTIONS FOR THEIR ASSETS AND CONFIDENTIAL INFORMATION IN CONNECTION WITH SALE OF TMC

* WESTERN DIGITAL CORP(WDC) - AGREEMENT TO RESOLVE ALL OUTSTANDING DISPUTES ENSURES THAT ALL PARTIES ARE ALIGNED ON TOSHIBA'S SALE OF TMC TO K.K. PANGEA

* WESTERN DIGITAL CORP(WDC) - TOSHIBA ALSO REMAINS ON TRACK TO COMPLETE TRANSACTION WITH CONSORTIUM LED BY BAIN CAPITAL BY END OF MARCH 2018 Source text for Eikon: Further company coverage:

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