SanDisk: The Price is Not/Never Right

[Joelle]

SanDisk: The Price is Not/Never Right
      

The stage is set for a protracted hostile takeover battle between South Korean electronics giant Samsung and flash memory storage maker SanDisk. Samsung offered about $6 billion for SanDisk, an amount that was nearly double its market value when the bid was made public. But SanDisk rebuffed the offer, saying the timing was opportunistic and [...]
         

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