SanDisk Could ‘Bulk Up’ With Potential Sale: Analyst

By | October 14, 2015

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SanDisk (SNDK) stock skyrocketed Wednesday on rumors the Milpitas, Calif.-based chipmaker might be acquired by Micron Technology (MU) or Western Digital (WDC). Bloomberg reported late Tuesday that SanDisk had contacted bankers to explore a possible sale. Besides Micron and Western Digital, Summit Research analyst Srini Sundararajan says Seagate (STX) and SK Hynix also are potential suitors. SanDisk didn’t immediately return a call requesting Scalper1 News

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