Sambus?
A quick update on the Samsung/SanDisk story I posted earlier this morning. Now that Samsung has officially called off its bid for Sandisk, shares of Rambus (RMBS) are trading higher on a rumor that it might soon be the target of Samsung’s attentions. The company’s stock spiked more than nine percent to $17.49 on the speculation, though analysts say such a deal is unlikely.
