Samsung is said to need spend $35 per share on SanDisk

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October 6, foreign media reports, according to informed sources, if Samsung wanted to successfully acquire SanDisk, it need to raise the price 34 U.S. dollars per share to36 U.S. dollars.

Sept. 16, Samsung formally to 26 U.S. dollars per share, a total of 5,850,000,000 U.S. dollars to buy SanDisk. This, SanDisk in his rain Samsung CEO Lee Yoon (Yoon-Woo Lee) letter said the offer underestimated the true value of SanDisk.

SanDisk did not disclose the ideal offer, but according to informed sources, around 35 U.S. dollars per share offer is acceptable to the price of SanDisk. Samsung believes that SanDisk 9 and 15 closed on price than the current offer has a premium of 80%. As a result, the offer fair and reasonable.

Analysts are of the view that due to hold a number of core flash memory patents, SanDisk is likely to seek other higher offer. However, in view of the current stock price SanDisk, Samsung also do not want to give too high a quote. As the economic downturn, the decline in market demand, SanDisk is the beginning of revenue has been declining. So far in October last year, the company's share price is down more than 60%.
　　
Sept. 17, Lazard Capital Markets analyst Daniel Amir (Daniel Amir) had said: "SanDisk is likely to ask Samsung to 64 U.S. dollars per share, but unrealistic. Samsung, around 35 U.S. dollars per share is the limit .

"Citigroup analyst Craig Ellis that Samsung is likely to enhance the price to 28-30 U.S. dollars per share. However, before resolving the licensing fees and anti-trust issues, SanDisk will not accept the offer.