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Chinese Firm Ends Investment in Western Digital, Complicating SanDisk Tie-Up – WSJ

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Chinese Firm Ends Investment in Western Digital, Complicating SanDisk Tie-Up

Western Digital said Chinese firm Unisplendour had terminated a proposed $3.78 billion investment in the company, dealing a setback to the disk-drive maker’s nearly $16 billion bid to acquire rival SanDisk Corp.

http://www.wsj.com/articles/unispledour-ends-investment-in-western-digital-complicating-sandisk-tie-up-1456231018