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Actionable news in SNDK: SanDisk Corporation,

SanDisk (SNDK) Stock Up, Clears Final Hurdle to Western Digital Merger

NEW YORK (TheStreet) -- SanDisk (SNDK - Get Report) stock is gaining 1.36% to $76.54 on heavy trading volume this afternoon after Western Digital (WDC) received the final regulatory approval needed for its proposed acquisition of the flash chip maker.

China's Ministry of Commerce approved the planned acquisition, consequently completing the regulatory review process required for the transaction, according to a statement by SanDisk.

The deal is expected to close on Thursday.

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