Seagate to Buy Maxtor

Discussion in 'NZ Computing' started by XPD, Dec 21, 2005.

  1. XPD

    XPD Guest

    http://www.channelregister.co.uk/2005/12/21/seagate_buys_maxtor/

    Seagate its to acquire rival hard disk drive maker Maxtor the two companies
    announced today, in a stock-swap valued at $1.9bn.

    If shareholders and regulators back the deal, Seagate will offer 0.37 of its
    own shares for every Maxtor share issued, splitting the merged business
    84:16 between Seagate and Maxtor shareholders.
     
    XPD, Dec 21, 2005
    #1
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  2. XPD

    steve Guest

    XPD wrote:

    > http://www.channelregister.co.uk/2005/12/21/seagate_buys_maxtor/
    >
    > Seagate its to acquire rival hard disk drive maker Maxtor the two
    > companies announced today, in a stock-swap valued at $1.9bn.
    >
    > If shareholders and regulators back the deal, Seagate will offer 0.37 of
    > its own shares for every Maxtor share issued, splitting the merged
    > business 84:16 between Seagate and Maxtor shareholders.


    Is there anyone Seagate doesn't now own?
     
    steve, Dec 21, 2005
    #2
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  3. XPD

    colinco Guest

    In article steve says...
    > Is there anyone Seagate doesn't now own?
    >

    WD, Hitachi and Samsung
     
    colinco, Dec 22, 2005
    #3
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