Seagate competes with Toshiba to acquire TDK's magnetic head business
STX Seagate Technology Holdings Plc
$805.63 -9.18%
View chart & analysis → - 1Seagate Technology Holdings Plc is competing with Toshiba Corp. to acquire TDK Corp.'s magnetic head business.
- 2The deal to acquire TDK's magnetic head business is expected to reach billions of dollars.
- 3STX's stock price has risen by more than 223% this year.
So what's the key point?
Seagate is competing with Toshiba to buy TDK's component business. This deal is expected to be worth billions of dollars.
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