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New Bidder for Seagate, According to New York Post

Hitachi, Samsung, Toshiba and WD cited in the article

To read this article from the New York Post, click on:
New bidder for Seagate emerges
There is another bidder waiting in the wings to acquire Seagate Technology despite concerns that buyout firms are losing interest in the company, The Post has learned. A rival strategic buyer remains interested in acquiring Seagate even as private-equity firm TPG Capital has trouble lining up financing for a bid, according to a source close to the situation. "The race is not over yet," the source said.

Comments

Our favorite is WD, currently with $2.9 billion of cash. Hitachi  GST is on its way to an IPO. Toshiba and Samsung are more interested to invest in flash memories.

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