ultra Suspended 5191 Posts user info edit post |
I have always been a Maxtor fan, though. 12/21/2005 6:46:46 PM |
eraser All American 6733 Posts user info edit post |
On slashdot and Fark many hours ago ...
[Edited on December 21, 2005 at 6:49 PM. Reason : +] 12/21/2005 6:48:42 PM |
ultra Suspended 5191 Posts user info edit post |
sue me 12/21/2005 6:49:10 PM |
Perlith All American 7620 Posts user info edit post |
http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh07177_2005-12-21_10-11-37_wen6678_newsml
Quote : | "eagate says to buy Maxtor for $1.9 bln in stock Wed Dec 21, 2005 05:11 AM ET NEW YORK, Dec 21 (Reuters) - Seagate Technology (STX.N: Quote, Profile, Research) on Wednesday said it would buy rival computer disk-drive maker Maxtor Corp. (MXO.N: Quote, Profile, Research) 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 shareholders will own about 84 percent and Maxtor shareholders will own about 16 percent of the new combined company.
The combination is expected to add 10 to 20 percent to Seagate's cash earnings per share after the first full year of joint operations, Seagate said in a release.
Seagate said its executive management team will continue to serve in their current roles and the combined company will retain the Seagate name." |
Maxtor buys Quantum in 2000 Seagate buys Maxtor in 2005 Who will buy Seagate?12/21/2005 7:01:19 PM |
eraser All American 6733 Posts user info edit post |
Western Digital - duh. 12/21/2005 7:06:55 PM |
1CYPHER Suspended 1513 Posts user info edit post |
Buy up your hard disks now as prices are going to creep up a little. I can't believe the SEC is going to let this happen. 12/21/2005 7:10:34 PM |
drunknloaded Suspended 147487 Posts user info edit post |
personally i've always liked seagate more than maxtor but mostly because of the 5 year warrenty that seagate gives you instead of the year that are on most maxtors 12/23/2005 10:50:36 PM |
ComputerGuy (IN)Sensitive 5052 Posts user info edit post |
seagate is awesome!
WD 80 gigs sucks arse 12/24/2005 12:45:35 AM |
Clevelander All American 4640 Posts user info edit post |
^I've had my WD 80 gig SE for 3 or 4 years now. never had problems until I type this. I'll come back to Raleigh and my computer won't boot 12/24/2005 1:39:13 AM |