Kioxia investor SK Hynix says the company didn't agree to the Kioxia-Western Digital merger due to "the overall impact on the value of the company's investment" (Yoolim Lee/Bloomberg)

October 26, 2023

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Yoolim Lee / Bloomberg:

Kioxia investor SK Hynix says the company didn’t agree to the Kioxia-Western Digital merger due to “the overall impact on the value of the company’s investment” — The world’s No. 2 memory chipmaker, a shareholder in the Japanese chipmaker, says the transaction undervalued its stake.

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