EQUITY ALERT: Rosen Law Firm Announces Investigation of SanDisk Corporation Concerning its Proposed Sale to Western Digital Corporation - SNDK

NEW YORK--(BUSINESS WIRE)--

Rosen Law Firm, a global investor rights law firm, announces that it is investigating the Board of Directors of SanDisk Corporation SNDK for possible breaches of fiduciary duty and other violations of law by failing to adequately shop SanDisk to maximize shareholder value before agreeing to be acquired by Western Digital Corporation WDC.

If you would like to join the action, go to the firm's website at http://rosenlegal.com/cases-759.html or contact Phillip Kim or Kevin Chan toll-free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com. There is no cost or obligation to you.

Under the terms of the proposed transaction, shareholders will receive $67.50 in cash and 0.2387 shares of Western Digital common stock for each share of SanDisk's common stock they own if the previously announced investment in Western Digital by Unisplendour Corporation Limited has not occurred. Shareholders will receive $85.10 in cash and 0.0176 shares of Western Digital common stock for each share of SanDisk's common stock they own if the Unisplendour transaction closes prior to this proposed transaction. The proposed transaction is valued at approximately $19 billion. The investigation relates to whether the proposal is fair to the public shareholders of SanDisk and whether SanDisk's Board breached its fiduciary duties in connection with the proposed sale.

If you currently own shares of SanDisk and wish to obtain additional information, please visit the firm's website at http://rosenlegal.com/cases-759.html. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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