Sandisk announces launch of secondary offering of common stock

Milpitas, calif.--(business wire)--sandisk corporation (nasdaq: sndk) (the “company” or “sandisk”) announced today the launch of a secondary public offering (the “offering”) of 17,000,000 shares of its common stock (the “sndk shares”) currently owned by western digital corporation, the company's former parent (“wdc”). sandisk is not selling any shares of common stock and will not receive any proceeds from the sale of the sndk shares in the offering or from the debt-for-equity exchange (describe.
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