Samsung Withdraws Bid for SanDisk
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Samsung has withdrawn its offer to acquire SanDisk for $5.85 billion. The decision came after SanDisk continuously maintained that the $26 per share offer was inadequate and asked for an upwards revision. Yoon Woo Lee, vice chairman and CEO at Samsung Electronics, still clings onto the belief that “a combination of our two companies would have created a superior global brand, an unparalleled technology platform and the scale and resources to drive convergence in the marketplace.” In a letter to SanDisk’s board, Lee mentioned Samsung’s obligations towards its own shareholders and the volatile economic environment as the two main reasons for not revising the bid upwards.
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marialombardo
July 02, 2010 at 11:09pm
A good decision, I think..
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elilprat794
October 20, 2009 at 11:12pm
I was just wondering what difference drupal has made to the way blogging can be done. Your site is looking good with drupal powered system, at least the person has to spread across the sign up form before putting spam on these blogs. Thanks a lot Drupal. I am even trying to add drupal to my blog in the below sites.
Regards
Tom Smith
Photo on Canvas | Hermes Handbag | debt consolidation firm | Chinese Translation Service
lenatpena80
April 15, 2010 at 11:14pm
thanks for posting. i love the quality aspect of samsung, Really cool equipments and devices. Thanks
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