|24-05-2012, 03:50 AM||#1|
Join Date: May 19 2008
[Techpowerup.com] (PR) Seagate to Acquire Controlling Interest in LaCie
Seagate Technology plc the worldwide leader in hard disk drives and storage solutions, and LaCie S.A., a leading manufacturer of consumer storage products, today announced an exclusive agreement with the intent for Seagate to acquire a controlling interest in LaCie.
Seagate has offered to purchase from Philippe Spruch, LaCie's chairman and CEO, and his affiliate, all of their shares, representing 64.5% of the outstanding shares of LaCie. Following receipt of governmental approvals and the close of this transaction, Seagate would commence an all-cash simplified tender offer (followed as the case may be by a squeeze-out procedure) to acquire the remaining outstanding shares in accordance with the General Regulation of the French Autorité des Marchés Financiers (AMF).
|acquire, controlling, interest, lacie, seagate, techpowerupcom|
|Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)|
|Similar Threads for: [Techpowerup.com] (PR) Seagate to Acquire Controlling Interest in LaCie|
|Thread||Thread Starter||Forum||Replies||Last Post|
|[Techpowerup.com] (PR) LaCie Announces Its Fastest Mobile Hard Drive: LaCie Rugged USB 3.0||News||Reviews & News Online||0||28-04-2010 08:50 PM|
|[Techpowerup.com] (PR) LaCie Unveils New USB Keys with Wuala Online Storage Inside||News||Reviews & News Online||0||07-01-2010 04:30 AM|
|[Techpowerup.com] Seagate Lowers Warranty Period from 5 to 3 Years on Some Desktop Hard Drives||News||Reviews & News Online||0||12-12-2008 10:30 PM|
|[Techpowerup.com] Seagate Releases New Firmware for the Freezing 1.5TB Barracuda 7200.11 Hard Drives||News||Reviews & News Online||0||26-11-2008 10:21 PM|
|[Techpowerup.com] Analysts: Seagate Looking to Acquire NAND Source||News||Reviews & News Online||0||25-06-2008 08:30 PM|
All times are GMT +11. The time now is 08:59 AM.