Seagate

Seagate Technology (STX) surged in premarket trading after saying that it received an indication of interest about going private.

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Seagate, which makes hard disk drives and storage products, gained 20.96% to $15.35 a share at 6:19 am, from Thursday’s closing price of $12.69.

The company said Thursday that it is in discussions with the party that indicated interest. Seagate has…

Continue reading Seagate Shares Jump as It Considers Going Private

Seagate Shares Jump as It Considers Going Private originally appeared on DailyFinance on Fri, 15 Oct 2010 06:37:00.

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