I'm trying to understand why Samsung leaked the news of possibly acquiring SanDisk without an offer on the table. All it does for them is increase the market price, thereby, making their purchase more expensive. I don't get it. Anyone have thoughts?
Just remember. JP Morgan is at work here and nothing leaked that wasn't planned.They probably feel this is the best way to approach the deal.
Not really news....just a rumor of interest.. They might own SNDK stock and wanted to sell it at a higher price.
with a 3.2 bilion dollar potential offer on the table, things are gonna leak. Probably forced into it and now the fun begins.It's gonna get kicked around a fair amount and could be a wild ride.
I am curious on that too. But look like they probably agree on principle. Still, will require share holders to agree to it.
it has to be a pretty substanial price increase for sharholders to agree on Sndk knows that, unless SNDK share holders are getting some Samsung shares along with the deal..
Yeah, lets vote. I win.Salvish the Myth
The answer?JP Morgan has been on this for 30 days already. So, the answer is that there is already an offer on the table and an agreement with SNDK. JHMO