Levi & Korsinsky Investigates Western Digital/SanDisk Deal
Concerning fairness of the operation
This is a Press Release edited by StorageNewsletter.com on October 22, 2015 at 3:04 pmThe following statement is being issued by Levi & Korsinsky, LLP:
To: All Persons or Entities who purchased SanDisk Corporation stock prior to October 21, 2015.
You are hereby notified that Levi & Korsinsky has commenced an investigation into the fairness of the sale of SanDisk Corporation to Western Digital Corporation.
If the previously announced investment in Western Digital by Unisplendour Corporation Limited closes prior to the completion of this acquisition, SanDisk shareholders will receive $85.10 in cash and 0.0176 shares of Western Digital common stock for each share of SanDisk stock they own; if the Unisplendour deal has not closed or is terminated, SanDisk shareholders will instead receive $67.50 in cash and 0.2387 shares of Western Digital stock for each SanDisk share they own.