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SanDisk unanimously turns down Samsung's buyout offer

Matt Burns

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Matt is a Senior Editor at TechCrunch. Matt Burns is a family man first and attempts to be a writer second. Born and raised in the heart of the automotive world, only cars eclipse his love of gadgets. He previously wrote for Engadget and EngadgetHD before moving into the party house that is TechCrunch. He learned the retail side of... → Learn More

Wednesday, September 17th, 2008
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Samsung yesterday, “You smell pretty. I buy you for 26 dollars a share. You mine now.”

SanDisk today, “Thanks, but get your stinking offer out of here. You are grossly undervaluing me Samsung, and I don’t have to take it. The market as a whole is down and that is why our stock price as dipped since we first started talking back in May ’08. So get the hell away from me Samsung!”

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