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NEWS March 3, 2016 WD’s SanDisk Deal Re-Priced After China Deal Collapses
By: sristy SahaThe US hard-disk maker, Western Digital Corp, said on Tuesday that China’s Unisplendour Corp Ltd had scrapped its planned $3.78 billion investment in the company, a move that in turn alters the terms of Western’s deal for rival SanDisk Corp. Unisplendour, a unit of China’s state-backed Tsinghua Holdings Co Ltd, dropped its plan to buy […]