European Commission Approved Acquisition of SanDisk by Western Digital
Deal subjected to receipt of shareholder approvals and other regulatory approvals
This is a Press Release edited by StorageNewsletter.com on February 5, 2016 at 2:56 pmIn a SEC filing published by Western Digital Corporation, the company stated that, on February 4, 2016, the European Commission approved under the EU Merger Regulation Western Digital Corporation’s pending acquisition of SanDisk Corporation.
Approval by the European Commission satisfies one of the conditions to the closing of the pending acquisition, which remains subject to other customary closing conditions, including receipt of shareholder approvals and other regulatory approvals.