Ad
Ad
Ad
© marcin kempski dreamstime.com Electronics Production | March 16, 2016

SanDisk stockholders vote to merge with Western Digital

SanDisk Corporation’s stockholders approved the merger proposal with Western Digital Corporation with 98% of the votes cast in favor of the merger.
In addition, the Western Digital stockholders have approved the proposal to issue additional shares of Western Digital common stock in order to complete the proposed acquisition of SanDisk Corporation.

“We are pleased with our stockholders’ strong support of the merger proposal, reflecting the excellent value to be provided to SanDisk stockholders,” said Sanjay Mehrotra, president and chief executive officer of SanDisk. “The combination of SanDisk with Western Digital will enable the combined company to offer the broadest portfolio of industry-leading, innovative storage solutions to customers across a wide range of markets and applications.”

Comments

Please note the following: Critical comments are allowed and even encouraged. Discussions are welcome. Verbal abuse, insults and racist / homophobic remarks are not. Such comments will be removed.
Further details can be found here.
Ad
Ad
Load more news