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Fly News Breaks for March 7, 2016
SNDK, WDC
Mar 7, 2016 | 08:22 EDT
RBC Capital believes that Western Digital's (WDC) proposed acquisition of SanDisk (SNDK) is more likely than not to be approved. The firm thinks that China and Africa will approve the deal before June 30, and it believes that the structure of the deal's financing has already been arranged.
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