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.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Reuters - 🏆 2. / 97 Read more »