Western Digital (WDC) Completes Takeover of SanDisk (SNDK)
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Western Digital Completes Acquisition Of SanDisk, Creating A Global Leader In Storage Technology
May 12, 2016 8:25 AM EDTIRVINE, Calif., May 12, 2016 /PRNewswire/ -- Western Digital® Corporation (NASDAQ: WDC) today announced that its wholly-owned subsidiary Western Digital Technologies, Inc. has completed the acquisition of SanDisk Corporation (NASDAQ: SNDK). The addition of SanDisk makes Western Digital Corporation a comprehensive storage solutions provider with global reach, and an extensive product and technology platform that includes deep expertise in both rotating magnetic storage and non-volatile memory (NVM).
The Company also indicated that the debt financing associated with this transaction has been consummated and that the previously... More
