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Technology Stocks : LSI Corporation

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To: Jock Hutchinson who wrote (17823)4/8/1999 5:27:00 PM
From: Paul Lee   of 25814
 
Hart-Scott-Rodino Waiting Period Expires for LSI Logic Acquisition of SEEQ Technology

MILPITAS, Calif., April 8 /PRNewswire/ -- LSI Logic Corporation (NYSE: LSI) and SEEQ Technology, Inc. (Nasdaq: SEEQ) announced today that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 for LSI Logic's proposed acquisition of SEEQ Technology has expired.

The expiration occurred Wednesday, April 7 without a request for additional information from the Federal Trade Commission.

The acquisition, which is still subject to other customary closing conditions, is anticipated to be completed during the second quarter, ending June 30.
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