Western Digital $19 billion acquisition of SanDisk

12/5/2016
Public acquisition

$ 19 billion

Completed

12/5/2016


Overview:

  • Data storage company and hard drive disk manufacturer Western Digital has completed its $19 billion acquisition of SanDisk.
  • Outstanding SanDisk shares were converted into $67.50 and .2387 shares of Western Digital.
  • BofA Merrill Lynch and JP Morgan Securities were lead financial advisers for Western Digital, while Goldman Sachs acted for SanDisk.
  • The deal was first announced in October 2015.

Kurt Stumpo - Journalist

Jurisdiction:

United States

Deal type:

Public acquisition

Practice area:

M&A

Governing law:

United States

Industry sectors:

Industrials and manufacturing
Technology and telecommunications


Firms:

Party: Goldman Sachs (Financial adviser)


Party: Western Digital (Acquirer)

Lawyer: Matthew Salerno


Party: SanDisk (Target)