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Technology Stocks : Seagate Technology -- Ignore unavailable to you. Want to Upgrade?


To: Sam who wrote (7688)10/15/2010 9:13:44 PM
From: Dwayne Hines  Read Replies (1) | Respond to of 7841
 
Bain Capital announced they may jump aboard, and the total package may be in the $10-$12 billion range -
which would put the stock price in the $20-$26 range.

"Bain Cap Mulls Joining Buyout Talks With Seagate - Sources

Capital LLC is seriously considering joining private-equity firms TPG Capital and Kohlberg, Kravis Roberts & Co. in their talks to take Seagate Technology PLC private in what could be a $10 billion to $12 billion deal, people familiar with the matter said.

Seagate, a big maker of computer disk drives, said Thursday it is in preliminary discussions with an unnamed suitor interested in taking the company private."