WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 169.99

-2.4%

3:59 PM EST

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To: Binx Bolling who wrote (9895)	3/29/2000 6:11:00 PM
From: Binx Bolling	Read Replies (1) of 60323

In this unified transaction, VERITAS Software will acquire Seagate, which then will exclusively hold 128 million shares of VERITAS Software, the investment securities of SanDisk, Gadzoox Networks, CVC, and Dragon Systems and cash. Immediately prior to this merger, a new company formed by an investor group led by Silver Lake will purchase all of Seagate?s operating businesses for approximately $2 billion in cash.

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