Samsung, SanDisk, said analysis of the acquisition to be 35 U.S. dollars per share

NEW YORK Oct 6, foreign media reports, according to informed sources, Samsung to be successful acquisition of SanDisk, will be required to offer per share to raise 34-36 U.S. dollars. Sept. 16, Samsung formally to 26 U.S. dollars per share, a total of 5,850,000,000 U.S. dollars to buy SanDisk. This, SanDisk in his rain Samsung CEO Lee Yoon (Yoon-Woo Lee) letter said the offer underestimated the true value of SanDisk. SanDisk did not disclose the ideal offer, but according to informed sources, around 35 U.S. dollars per share offer is acceptable to the price of SanDisk. Samsung believes that SanDisk 9 and 15 closed on price than the current offer has a premium of 80%. As a result, the offer fair and reasonable. Analysts are of the view that due to hold a number of core flash memory patents, SanDisk is likely to seek other higher offer. However, in view of the current stock price SanDisk, Samsung also do not want to give too high a quote. As the economic downturn, the decline in battery market demand, SanDisk is the beginning of revenue has been declining. So far in October last year, the company's share price is down more than 60%. Sept. 17, Lazard Capital Markets analyst Daniel Amir (Daniel Amir) had said: "SanDisk is likely to ask Samsung to 64 U.S. dollars per share, but unrealistic. Samsung, around 35 U.S. dollars per share is the limit . "Citigroup analyst (Craig Ellis) that Samsung is likely to enhance the per share offer will be 28-30 U.S. dollars. However, licensing fees and anti-trust issues to resolve before, Latitude D820 battery SanDisk will not accept the offer. Licensing agreement expires Currently, Samsung and SanDisk flash memory is re-negotiating licensing agreements, the current agreement will expire in 2009. Under the current agreement, Samsung, SanDisk to pay for each year of about 350,000,000 U.S. dollars of flash memory technology royalties Pavilion XZ200 battery , Pavilion ZT1100 battery , Omnibook XT1000 battery, Omnibook XT1500 battery . If the acquisition of SanDisk, Samsung on a year without pay as much as several hundred million dollars of license fees. Therefore, SanDisk founder and CEO (Eli Harari) of the view that Samsung's current offer is too low, it is fishing in troubled waters. Harare, said: "SanDisk shareholders should receive higher compensation, but the current offer does not reflect the Samsung SanDisk on the true value." SanDisk said that if next year in August before the deal can not, the two sides need to negotiate new licensing agreements Pavilion ZV5000 battery , Pavilion ZV6000 battery . Last year, SanDisk's patent licensing revenue of 4.5 billion U.S. dollars, 4,000,000,000 U.S. dollars accounted for 12% of total revenue.