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by rgbrenner 3693 days ago
Some stock.. some of Sandisk's cash.. but yes, mostly debt:

SanDisk shareholders will receive $67.50 in cash and 0.2387 Western Digital share for each share of SanDisk stock.

http://www.investors.com/news/technology/western-digital-now...

What many investors remain concerned about is that Western Digital is planning to offer some $17 billion or so in debt to help pay for the SanDisk buyout. Of that large sum, $3.0 billion will be a bridge loan. The rest is a set of traunches that are secured and unsecured debt. The company also telegraphed that it should be able to tap $4 billion of SanDisk’s cash to repay the bridge.

http://247wallst.com/technology-3/2016/03/09/did-western-dig...

1 comments

> The company also telegraphed

I assume this is business lingo for something, and doesn't mean they sent an actual telegraph?

Telegraphing can simply mean the act of displaying something outwardly.

Used extensively in the context of E-Sports when someone does something that the other player can see and prepare for.

Or in boxing, "telegraphing" a punch, where you draw your arm back making it obvious what you're about to do so that you're opponent can prepare to block/dodge/counter/etc.
Exactly correct. Perhaps your example is a little more relevant than mine.
Basically, "indicated".