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Seagate's Acquisition of Maxtor to Finalize Soon

@ 2006/05/18

In a matter of days we will never see the Maxtor name on the New York Stock Exchange again as shareholders of Seagate Technology and Maxtor Corporation have approved the acquisition of all of Maxtor's assets by Seagate. Under the agreement shareholders of Maxtor stock will receive 0.37 shares of Seagate stock for every share of Maxtor stock they own.

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