Dalo Harkin Posted September 18, 2008 Posted September 18, 2008 Following reports earlier this month that Samsung was evaluating some sort of partnership with SanDisk and considering “opportunities” with them, comes word that the world’s largest flash supplier has made a $5.9 Billion hostile bid for SanDisk, or $26 per share, in response to their “unrealistic expectations” during negotiations. Apparently, the companies have been in discussions for four months, to no avail, about a possible combination. Samsung says the offer is “full and fair” and constitutes a premium of 93% over SanDisk’s closing share price the day before the news broke that the companies were in discussions about a business combination. Sourced from Samsung goes hostile on SanDisk - TechSpot News Quote Intel Q6600 @ 4Ghz (Watercooled)Asus P5K premium black pearl4GB OCZ Reaper 8500260GTX Join Free PC Help - Register here Donations are welcome - here PC Build We are all members helping other members.Please return here where you may be able to help someone else.After all, no one knows everything and you may have the answer that someone needs.
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