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Taiwan's Acer to buy Gateway

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Other Tech News The latest community based technology news from across the globe. (If you aren't a community newsposter then use the "Submit News" section.)

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Old Aug 27, 2007, 03:40 PM   #1
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Taiwan's Acer to buy Gateway
Source: News.com
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Taiwan's Acer on Monday said it will buy Gateway for $710 million, creating the world's No. 3 PC maker, as Acer doubles its presence in Gateway's lucrative but highly competitive home market.

Acer said it would pay $1.90 per Gateway share, representing a premium of 57 percent over Gateway's last closing price.
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