Seagate says to buy Maxtor for $1.9 billion in stock

Slashdot reports Seagate Technology on Wednesday said it would buy rival computer disk-drive maker Maxtor Corp. for $1.9 billion in stock. Under terms of the deal, which is expected to be completed in the second half of 2006, Maxtor shareholders will receive 0.37 shares of Seagate common stock for each Maxtor share they own. Seagate… Continue reading Seagate says to buy Maxtor for $1.9 billion in stock

Published
Categorized as News