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Company Statement: Seagate Technology - Seagate and Samsung announce broad strategic alignment

( April 19, 2011, 10:54 GMT | Official Statement) -- MLex Summary: Seagate Technology announces its purchase of the hard disk drive operations of Samsung Electronics. The deal is valued at approximately 1.4 billion dollars and is subject to China 's regulatory approvals the The parties expect to complete the deal by the end of 2011.The full statement follows:...

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