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by writetoalok 5081 days ago
And they still lost 20% of $580 million ...
1 comments

Are we sure Seagate didn't sell or otherwise collar the value of their stake soon after the acquisition? According to the article, there were about 60 days before the scandal erupted:

"The deal closed on June 7. By Aug. 8, the merged companies were in crisis amid reports that L.& H. had cooked its books."