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Western Digital's Guidance Hike Provides Validation for the SanDisk Deal

Western Digital's (WDC) purchase of SanDisk received a cool reception when the deal was first announced 11 months ago. Today, four months after the $16 billion acquisition of the NAND flash memory giant officially closed, Western may have provided its best argument yet for making the deal.

This morning, Western announced it now expects fiscal first quarter (September quarter) revenue of $4.45 billion to $4.55 billion and EPS of $1 to...