Bits + chips
SanDisk rejects Samsung buyout bid, Samsung reiterates offer
Michael McManus, DIGITIMES, Taipei

After SanDisk announced that its board of directors rejected an unsolicited proposal from Samsung Electronics to acquire SanDisk for US$26 per share in cash, or about US$5.85 billion in total, Samsung responded by reiterating its offer to SanDisk, indicating...

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