Accelerated merger negotiations with Western data due to a decline in demand for storage cores
GunterAnsel
May 25
Printed on 15 May, interactive news reports indicate that, owing to the decline in demand in the flash market, Oxfam and Western Data are accelerating the consolidation of negotiations and finalizing the trading structure. It was revealed that, according to the plan currently being developed, the merged entity would hold 43 per cent of the shares, the western data would hold 37 per cent of the shares and the remaining would be held by the existing shareholders of the two companies. The partie...
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