Western Digital’s $19 Billion SanDisk Buy Clears Last Regulatory Hurdle

Western Digital’s buy of SanDisk is expected to close Thursday, now that the acquisition has cleared its last remaining regulatory hurdle with approval from the Chinese government, SanDisk said in a Tuesday announcement. Western Digital will acquire all outstanding shares of SanDisk in a $19 billion cash and stock deal announced as a definitive agreement in October (see 1510210027).