SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Full Disclosure Trading

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gottfried who wrote (6437)7/25/2003 7:40:46 PM
From: Sam Citron  Read Replies (1) of 13403
 
OT Gottfried,

The Mercury article you cited on Tuesday mentions:

"At $55 million, Western Digital's bid was higher -- and that's important when assets are being liquidated -- but it also came with contingencies.

The other bid of $52 million came with no conditions, Thompson said. In his opinion, the Hitachi-Seagate-Alps offer is the better offer because it can be finalized without the concern that it might be revoked."

bayarea.com

Now we are hearing that the cash price WDC is paying is $95.4 million. biz.yahoo.com

Is the discrepancy caused by the Thai assets? And what about the unnegotiated debt obligations of about $62 million? (ibid) Is that included or in addition to the $95.4 million cash price?

Sam
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext