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Provider: Stock Traders Daily
Provider: New Constructs, LLC
Provider: Thomson Reuters Stock Report
Provider: Wright Reports

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Seagate Technology PLC to acquire Xyratex Ltd

Monday, 23 Dec 2013 08:30am EST 

Seagate Technology PLC:Says it will acquire all outstanding shares of Xyratex in an all-cash transaction valued at $13.25 per share, or a total of about $374 mln.Says the consideration represents a premium of about 27 pct per share over Xyratex's stock price at the close of trading on Dec. 20.Says the transaction is currently expected to close in mid-calendar year 2014.Says Allen & Company LLC served as financial advisor and Wilson Sonsini Goodrich & Rosati served as primary legal advisor and Credit Suisse served as financial advisor and Latham & Watkins LLP served as legal advisor to Xyratex. 

Company Quote

6 Jul 2015