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25.06.2013 00:05 Uhr, Quelle: MacNN

Western Digital offers to buy SSD manufacturer sTec for $340 million

Hard drive manufacturer Western Digital has made an offer for solid-state drive manufacturer sTec. The offer for $6.85 per share is worth about $340 million, and represents a 91 percent increase to the stock's Friday price. The sale is expected to close, pending regulatory concerns, by the end of 2013. 

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