Seagate to become private company

Management-led buyout sells assets back to Veritas. Seagate executives said they don''t anticipate any management changes.

March 29, 2000

áStorage-drive maker Seagate Technology said Wednesday it's being taken private in a $20 billion landmark, three-way deal in which Veritas Software buys back the Veritas shares and assets that Seagate owns.

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