Samsung fought for so long to get into SanDisk’s pants, but after seeing what’s finally in there they decided to pass. According to Samsung they dropped their $5.85 billion bid for SanDisk because of SanDisk’s less than stellar financial results. Another major factor in the dropped bid is Samsungs new agreement with Toshiba. With the gloomy economic future maybe SanDisk should have taken that bid after all.
-Ray
[Source: vnunet]
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