• Forbes2 years ago

    What Did SanDisk Just Buy?

      On June 5, 2014, Fusion-io executives invited industry analysts to a one-day product announcement and company strategy update. Eleven days later, SanDisk announced that it intended to acquire Fusion-io for $1.1B in cash as it builds out its enterprise flash and solid state device strategy. Not surprisingly, there was no [...]

  • Reuters2 years ago

    US STOCKS-Wall St inches up on M&A deals; Iraq worries cap gains

    * Medtronic to buy Covidien for $42.9 bln * U.S. considering talks with Iran over Iraq * Crude oil rises as Iraq violence spurs supply worry NEW YORK, June 16 (Reuters) - U.S. stocks edged higher on Monday afternoon, reversing a midday dip, supported by a flurry of merger news, but the advance was limited as investors kept a close watch on rising oil prices caused by turmoil in Iraq.