Despite Cool Tech, Samsung Isn’t Going to Pay a Lot for SanDisk

It’s common for companies in the midst of a hostile takeover to claim that their shares are undervalued (see Yahoo-Microsoft). SanDisk, which is being pursued by Samsung for $5.8 billion, is no different, and today its claims were examined in the Wall Street Journal. The paper focused on SanDisk’s (s sndk)X4 memory technology, which is central to the company’s argument that it’s worth more than what Samsung is offering. But cool technology aside, the unforgiving pressures of the NAND memory market, the 80 percent premium Samsung has offered, and the lack so far of a serious rival mean the price isn’t going to get much higher. Read More about Despite Cool Tech, Samsung Isn’t Going to Pay a Lot for SanDisk