Matt Burns reporting for TechCrunch:
The deal values SanDisk at $86.50 a share, which is a 15% premium on the previous day’s closing price, giving the company a value of $15.4 billion. SanDisk is currently up 4.78% in pre-market trading.
If you’ve been following me for a while, you already know how much I love Western Digital’s products. On one hand, all my computer storage has been handled reliably by Western Digital while on the other hand, all my camera storage has been handled reliably by SanDisk. I’m excited to see both these companies come together.