
Feb 18 (Reuters) - Flash memory maker Sandisk SNDK.O on Wednesday said that Western Digital WDC.O will sell a stake worth $3.17 billion in the company.
Western Digital, which makes hard disk drives, will sell over 5.8 million shares of Sandisk at $545 each, Sandisk said.
The offering is at a discount of about 7.7% to Sandisk's last close of $590.59 on Tuesday.