Samsung courts SanDisk, promises mercy

Samsung is reportedly looking into the acquisition of SanDisk Corp. A union of two Flash memory giants sure to get the attention Toshiba (SanDisk's partner-in-NAND) and that of anti-trusters from Korea to Intel. To makes matters even more interesting, Seagate was also courting SanDisk whose stock price has plummeted from $56 to just over $13 per share since this time last year. Hey investors, sounds like an ideal premise for a bidding war to us. Then again, we only took Econ101 to sit in a room with real live girls.

In a comment on this market rumor and speculation, SanDisk just issued the following statement:

"SanDisk periodically has conversations with multiple parties, including Samsung, regarding a variety of potential business opportunities. We evaluate all of these opportunities, but maintain a policy of not commenting on market rumors or speculation."

[Thanks, Genesis]

Read -- Samsung's advances
Read -- SanDisk's response

[richard @ Sep 5th 2008 4:57AM]

FASH Aaaaaaaaaaa

[Blackstar @ Sep 5th 2008 6:42AM]

Imbecile! The Emperor would shoot you for interrupting his wedding with this news! Fire when Gordon's in range!

[richard @ Sep 5th 2008 5:03AM]

but can they make ss drive for less $

[ntlam @ Sep 5th 2008 5:32AM]

ok.. so pump all your money into SanDisk ;-)

[Roberto Egretti @ Sep 5th 2008 5:51AM]

Pshh… you know no real girls are in Econ.

[Jay @ Sep 5th 2008 6:01AM]

ewww...

I still like how "SanDisk" resonate to my ears.

"Samsung"?? hmm cheap0... just like a Hyundai. period.

[PJK @ Sep 5th 2008 6:49AM]

Samsung cheapo? Have you been under a rock for the last 5 years , they're a premier brand with some of the best, most relisable and definitely most reasonably priced tech out there.

[PJK @ Sep 5th 2008 6:51AM]

reliable not relisable^

Though if there was such a word, I bet they'd be damn relisable too.

[blizz419 @ Sep 5th 2008 7:31AM]

I agree PJK, Jay must of been hiding under a rock for 5 years wearing a tinfoil hat surviving on ramen noodles lol

[Foogooo @ Sep 5th 2008 7:36AM]

@PJK

I totally agree. I have a sammy lcd and would never look at another. They have come a long way. As have Panasonic!

[Living Brain Donor @ Sep 5th 2008 7:49AM]

So...why is Ming wearing SanDisk's logo? He's the merciless one, not the poor schlub that Flash is going to beat into submission.

[nZLE @ Sep 5th 2008 9:02AM]

I doubt Samsung would get rid of SanDisk brand even after it takes over(?) SanDisk.

[AcerBandit @ Sep 5th 2008 9:19AM]

I hope they all just get together and create the best baby storage device EVER.

[... @ Sep 5th 2008 11:32AM]

Spam me, I'm a racist. [e-mail]

[samryu @ Sep 5th 2008 11:55AM]

Nice!

[Korey @ Sep 5th 2008 2:42PM]

SamDisk or SanSung you choose.