SanDisk plays hard to get as Samsung (and maybe Toshiba) eye tak...

Courtesy ZDNET - Between the Lines  Tue, 09/16/2008 - 8:22pm

Samsung is making a hostile bid for SanDisk for $26 in cash, or almost double SanDisk’s current stock price.

SanDisk promptly said no to Samsung’s overtures. And why not? Toshiba may be interested too. In a letter to SanDisk’s board, Samsung CEO Yoon-Woo Lee said: SanDisk Corporation (“SanDisk”) continues to cling to unrealistic expectations on both its [...]


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