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Western Digital (NYSE:WDC) gains 0.8% after its acquisition of Hitachi's (HIT) hard drive...

Nov. 23, 2011 9:27 AM ETWestern Digital Corporation (WDC) StockSTX, WDC, HTHIYBy: Eric Jhonsa, SA News Editor1 Comment
Western Digital (NYSE:WDC) gains 0.8% after its acquisition of Hitachi's (HIT) hard drive business is given a green light by EU regulators. In return for the go-ahead, Western Digital has agreed to sell a hard drive manufacturing plant and other "essential production assets." Archrival Seagate's (NASDAQ:STX) purchase of Samsung's hard drive division was cleared in October. (yesterday)

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