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Saturday, September 15, 2007

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Gateway Stockholders Not Happy With Acer Acquistion

- Warner Crocker

Somehow you just knew this story wasn’t over. Several weeks ago, Acer agreed to acquire Gateway to the tune of $710 million. Quite a few folks thought that was a low price. Now it seems that Gateway stockholders are also questioning the valuation and the acquisiton and two different lawsuits have been filed by stockholders, claiming that Gateway didn’t take stockholder interests into account when the price was agreed upon.

Via Daily Tech



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