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Why This Analyst Called The Western Digital–Unisplendour Deal A 'Huge Positive Landscape Altering Agreement'

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Western Digital Corporation NASDAQ:WDC - Why This Analyst Called The Western Digital–Unisplendour Deal A 'Huge Positive Landscape Altering Agreement'

  • Wednesday's surge follows an announcement that the company has agreed to an equity investment of $3.8 billion from China's Unisplendour.
  • Ananda Baruah of Brean Capital commented in a note that the deal is "incredibly structurally positive" and a "huge positive landscape altering agreement."
  • Western Digital announced on Wednesday that it has agreed to accept an equity investment of $3.8...


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