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View Full Version : Shareholders Approve Seagate Technology Acquisition Of Maxtor


sladesurfer
05-19-2006, 04:23 AM
http://www.seagate.com/cda/newsinfo/newsroom/releases/article/0,1121,3184,00.html

Seagate Technology (NYSE: STX), and Maxtor Corporation announced today that Seagate shareholders and Maxtor stockholders have approved the previously announced definitive merger agreement under which Seagate will acquire Maxtor in an all stock transaction. With all required regulatory and shareholder approvals now secured, it is expected that the transaction will close in 2-3 business days and that Maxtor shares will cease to be listed on the New York Stock Exchange before the market opens on Monday, May 22, 2006