WDC: To Split, or Not to Split?

Photo of log being split with an axeWestern Digital’s Board of Directors was sent a letter recently by activist shareholder Elliott asking for the company to be split into two parts: one for HDDs and one for flash.  The reason given was that the company’s SanDisk acquisition was not performing well.

Elliott currently holds a 6% stake in WDC.

According to an article in Reuter’s, Elliot’s letter said: Continue reading “WDC: To Split, or Not to Split?”