Iomega warming to revised EMC takeover bid

Filed under: Peripherals, Storage

Just a hebdomad ago, Iomega overturned up its look at an substance from EMC to buyout the concern for $3.25 per share. Now, however, it’s melodic a somewhat assorted set as EMC has struck backwards with an all more juicy substance of $3.75 per share. Said effort puts a $205.5 meg continuance on Iomega — supported on the 54.8 meg shares it has unpaid — and today it’s existence reportable that “Iomega module start into discussions with EMC that could advance to a expressed acquisition proposal.” Go on you two, don’t stop backwards on those feelings some longer.

 

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