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Jan 21, 2006, 04:57 AM
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Int'l Fish Liaison
Join Date: Jul 2004
Location: By the light of lamp I sit and type...
Posts: 16,187
Rep Power: 109   |
Optical disc giant to buy optical disc giant
Optical disc giant Imation is to buy rival Memorex in a deal worth up to $375m.
Imation will pay $330m in cash, with further potential payments of up to $45m depending on performance in the three years following the acquisition. Following the deal, Imation expects Memorex to add up to $36m in operating income to the balance sheet. __________ Read More / Source: PC Pro
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