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Updated from 2:36 p.m. EDT
Tech stocks were flat Monday, despite a buyout of PC maker Gateway(GTW Quote).
The No. 4 U.S. PC maker soared 50.4% after a $710 million buyout offer by Acer. The Taiwanese company will pay $1.90 a share, a premium of 57% over Friday's closing price of $1.21 a share. Gateway shares closed up 61 cents to $1.82.
The buyout did not have much of an effect on other leading computer makers. Dell(DELL Quote) closed off 15 cents, or 0.5%, to $27.59. Apple(AAPL Quote) shed $3.05, or 2.3%, to $132.25. ...
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