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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc.
WDC 91.30+0.1%Nov 17 8:10 PM ESTNews

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To: reddy_s who wrote (2256)9/13/2017 2:27:51 PM
From: Art Bechhoefer  Read Replies (2) of 3158
 
Yes, theoretically at least, WDC has the right to block an undesirable transaction where a competitor could take advantage of its proprietary technology. But, as I have noted for quite awhile, Toshiba apparently recognizes only that WDC has the right of first refusal, which means in effect that Toshiba recognizes WDC's right only if WDC meets the competing bid. How this will end up is hard to tell. It may take more than a few months.

Art
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