Samsung: $5.8b offer for SanDisk, may be refused
After four months of fruitless negotiation, Samsung is offering to buy flash memory manufacturer SanDisk for $5.8 billion, a move which has the latter accusing the former of undervaluing its worth. The Wall Street Journal reports that the South Korean electronics giant made the $26-per-share offer to gain the company’s customer portfolio, as well as patents on which it normally pays hundreds of mi…
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