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Seagate to acquire LaCie
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Old 24th May 2012, 09:21   #1
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Default Seagate to acquire LaCie

"Seagate this morning announced plans to acquire LaCie, a Paris-based producer of consumer data storage devices, for at least $186 million. Seagate said it has agreed to buy a 64.5% stake in LaCie held by Philippe Spruch, the company's chairman and CEO. On completion of that transaction, Seagate intends to made an all-cash tender offer for the rest of LaCie's shares."
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