SanDisk (SNDK) Sees Interest on Takeover Chatter

October 19, 2010 11:36 AM EDT
Shares of SanDisk Corp. (Nasdaq: SNDK) are picking up interest as "going private" chatter surrounds the name following an article in the Globes.

The author of the article prognosticates, "I personally believe that behind the surprising resignation of SanDisk Corporation (Nasdaq: SNDK) founder and CEO Dr. Eli Harari lies an orderly plan to delist the company during the next year."

Shares of SNDK are up 1 percent to $39.30.


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