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      Samsung drops offer for Sandisk


      in july, samsung had warned of a sluggish memory chip market and low margins for mobile phones and flat screen televisions .
      but samsung, which pulled out after six months of what it called no meaningful progress , hinted it might still be interested in a lower purchase price .
      samsung electronics hase withdrawn from at $26-a-share ( 16) offer to buy us flash memory card marker sandisk .
      Generated 2008-10-26_3:6





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