Western Digital is expected to swap the 5.8 million shares up for sale with debt held by affiliates of J.P. Morgan and BofA Securities, the two banks, who are also the lead bookrunners for the ...
Western Digital WDC5.66%increase; green up pointing triangle plans to break itself up, separating its business making traditional hard drives for computers from its flash-memory business. The move ...
It's the latest in a wave of corporate spinoffs this year, along with J&J, Kellogg, Intel, and BlackBerry, among others JHVEPhoto / Getty Images Shares of Western Digital Corp. surged more than 10% ...