Western Digital stock pops after report of merger talks

Shares of Western Digital Corp. WDC were up more than 6% in premarket trading Thursday after Bloomberg News reported that the company had reignited merger talks with Kioxia, a Japanese memory manufacturer. The story, which came out late Wednesday, said that the talks between the two companies are in the early stages and may not ultimately lead to a merger. Western Digital and Kioxia are already involved in a joint venture together, according to the report.

... Shares of Western Digital Corp. WDC were up more than 6% in premarket trading Thursday after Bloomberg News reported that the company had reignited merger talks with Kioxia, a Japanese memory manufacturer. The story, which came out late Wednesday, said that the talks between the two companies are in the early stages and may not ultimately lead to a merger. Western Digital and Kioxia are already involved in a joint venture together, according to the report.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Western Digital, Japan's Kioxia restart merger talks - Bloomberg NewsMemory chip maker Western Digital Corp and Japan's Kioxia Holdings Corp have restarted merger talks, Bloomberg News reported on Wednesday, citing sources familiar with the matter. Sir, I want to make report, From start, employees ,also for rebirth why how. Kahi online mobile to nahi ban gaya. I small reseller from home. But , Do small big. Care for employee soooo. Sorry if hurt.
Source: Reuters - 🏆 2. / 97 Read more »