WD buying SanDisk for $19Billion

[Chicog]

I suppose it's a perfect fit really.

Western Digital, a maker of hard drives for businesses and personal computers, is buying SanDisk in a cash-and-stock deal worth about $19 billion as it looks to extend its reach in the storage industry.

The buyout values SanDisk's stock at about $86.50 per share, a 15 percent premium to Tuesday's closing price.

Western Digital and flash-memory chip maker SanDisk said that they have complementary product lines, including hard disk drives, solid-state drives, cloud datacenter storage solutions and flash storage solutions.

http://abcnews.go.com/Technology/wireStory/western-digital-buying-sandisk-deal-worth-19b-34622109?

[innerspace]

As long as innovation and quality rises as a result then all good. Both great companies in similar but separate lines.

But deals like this can sway either way.

[elgordo38]

No doubt WD is rushing to the bank to get almost free monopoly money. They can almost borrow for nothing the money that we worked all our life for and trusted banks with who now pay us almost zero percent interest thanks to a government that cares nothing about pensioners and savers a rare breed indeed. They win we loose so what else is new.

[Chicog]

As long as innovation and quality rises as a result then all good. Both great companies in similar but separate lines.

But deals like this can sway either way.

It's OK, Fiorina isn't involved.

[Pib]

As long as innovation and quality rises as a result then all good. Both great companies in similar but separate lines.

But deals like this can sway either way.

It's OK, Fiorina isn't involved.

She won't get involved...she's too busy trying to improve the Republican Party right now along with Donald.