Seagate already subjected to criticism Western Digital Corporation solution to buy SanDisk for $ 19 billion..
Major shareholder in the face of Alken Asset Management Fund argues that Western Digital Corporation substantially overpay for the assets SanDisk's, if the transaction amount will be $ 19 billion. According to investors, lethargy solid state memory market has caused a decrease in share prices SanDisk's, and the fair value of the transaction is now lower than announced in October $ 19 billion. shares of WDC itself with the announcement of the transaction fell by 40%, and SanDisk's stock price fell by 16.5% over the year. on solid state memory prices are falling, stocks are not increasing, and this worries investors. Note that a few years ago, the fall of Sharp's stock price did not allow Foxconn to buy assets of the Japanese company at the price stated above, so that the substantial fall in share prices SanDisk terms of the transaction with Western Digital Corporation, too, can be reviewed. Related Products :
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