Is This Tech Buyout Rumor for Real?
Aug 7th 2012 9:08PM
Updated Aug 7th 2012 9:18PM
Recently, shares of solid-state specialist OCZ Technology spiked sharply on news of a potential buyout from memory powerhouse Seagate Technology, with some market commentators referring to the purchase as a "done deal." With estimates of the price tag reaching as high as $1 billion, a steep premium on OCZ's current market cap, does this deal make sense for all parties involved -- even considering OCZ's promising future growth? Watch the video below to find out.
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The article Is This Tech Buyout Rumor for Real? originally appeared on Fool.com.Andrew Tonner has no positions in the stocks mentioned above. Austin Smith has no positions in the stocks mentioned above. The Motley Fool owns shares of Western Digital. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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