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Samsung Elec mulling options regarding SanDisk

Thu Sep 4, 2008 10:14pm EDT

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SEOUL, Sept 5 (Reuters) - Samsung Electronics Co Ltd (005930.KS) said on Friday it was considering "various opportunities" regarding SanDisk (SNDK.O), in response to reports it was interested in bidding for the flash memory maker.

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"We are looking at various opportunities regarding SanDisk, but nothing has been decided yet," James Chung, a spokesman for Samsung, told Reuters.

Online news provider eDaily earlier Friday said Samsung, the world's top maker of memory chips, was interested in acquiring SanDisk, who shares have tumbled amid a steep downturn in the memory market, and had retained JPMorgan as an advisor.

(Reporting by Marie-France Han, Editing by Jonathan Hopfner)

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