 Shares of Western Digital Corp. WDC, 2.42 were rising 4 in premarket trading Monday after Bloomberg News reported that the memory company was progressing in its merger talks with Kioxia Holdings Corp. The companies are discussing a spinoff of Western Digitals flash business that would be merged with Kioxia and listed in the U.S., Bloomberg reported, citing multiple unnamed sources. Ultimately, the companies would be looking to do a dual listing in Japan. 