Mergers & Acquisitions ·
On June 11, 2026, Western Digital Corporation entered into privately negotiated exchange agreements with institutional…
WDCWestern Digital Corp
On June 11, 2026, Western Digital Corporation entered into privately negotiated exchange agreements with institutional investors. The company will exchange 1,038,681 shares of Sandisk Corporation stock for a number of Western Digital common shares held by the investors. The exchange ratio will be based on the volume-weighted average prices of both stocks from June 16-18, 2026. The transactions are expected to close on June 22, 2026. Western Digital operates in the data storage industry, developing hard disk drives and flash memory products.