SanDisk Corp. (Nasdaq: SNDK) will pay a premium of approximately $1.1 billion to purchase Fusion-io Inc. (NYSE: FIO). Shares of SanDisk climbed $3.28 to $101.75 while Fusion-io stock jumped $2.10 to $11.38.
Fusion-io to be acquired by Medtronic
June 16, 2014 at 06:33 AM EDT
