On January 1, 2011, SanDisk is undergoing a management transition, with Dr. Eli Harari, currently chairman and CEO, stepping down from both roles.

FORBES: SanDisk Drives Higher As Mehrotra Prepares To Take Charge

Earlier Sunday, longtime Sarkozy supporter David Harari said he stood by the president, even as opinion polls appeared to tip in Hollande's favor.

CNN: Sarkozy: Tough in campaign, gracious in defeat

In a letter to Harari, Samsung Chief Executive Yoon-Woo Lee said that after four months of negotiations, SanDisk "continues to cling to unrealistic expectations" for SanDisk's value.

FORBES: Memory Madness