The Traderszone Network

Published in TZ Latest News 23 September, 2017 by The TZ Newswire Staff

Western Digital’s Battle for Toshiba’s Memory Finally Ends

Western Digital‘s (NASDAQ: WDC) lengthy battle over Toshiba‘s (NASDAQOTH: TOSBF) memory unit seemingly ended on Sep. 20, with Toshiba’s board voting to sell the business to a consortium led by SK Hynix and Bain Capital for about $18 billion. Western Digital stated that it was “disappointed” in Toshiba’s decision, and insisted that it violated contractual agreements with its subsidiary SanDisk.

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