(Reuters) – Western Digital Corp said on Tuesday it is reviewing strategic alternatives, including options for separating its Flash and HDD franchises.
The announcement comes after activist investor Elliott last month disclosed it held a stake of nearly $1 billion in Western Digital and pushed the memory storage devices maker to conduct a strategic review and split off its flash-memory business.
(Reporting by Mrinmay Dey in Bengaluru; Editing by Rashmi Aich)
