Micron Deal With China’s Tsinghua ‘Falling Apart’

By | October 9, 2015

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Chinese Tsinghua Group’s $3.8 billion investment in data storage firm Western Digital (WDC) might signal the death knell for a rumored deal with Micron (MU), Rosenblatt Securities said Friday. Buzz circling SanDisk (SNDK) and Toshiba might also be overblown, Rosenblatt analyst Jun Zhang wrote in a research report. “We believe SanDisk and Toshiba are unlikely targets,” he wrote. “Micron is still attractive to Chinese PEs, but we think the decision Scalper1 News

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