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Tag Archives: a unit of China’s state-backed Tsinghua Holdings Co Ltd.

Western Digital to buy SanDisk in $19 billion deal

  Hard-disk drive maker Western Digital Corp agreed to buy SanDisk Corp in a $19 billion deal that will increase its ability to make flash memory storage chips used in smartphones and tablets. SanDisk shares hit a high of $78.50 on Wednesday, but closed nearly $10 below the offer price of $86.50 in cash and stock, a fact that analysts ...

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