Western Digital notified Kioxia about scrapping the possible transaction citing the failure to obtain approval from SK Hynix, a significant indirect shareholder of Kioxia, and disagreements over merger terms with Bain Capital, Kioxia’s main shareholder.

Very sad. Would have been a quick merger otherwise. (pun absolutely intended)

As expected. See you in another 5 years.

at least the media got something out of it with the announcements of the announcements