<< Read Full Article

EMC Plays M&A Hardball

Stock quotes in this article: EMC , DDUP , NTAP , CVLT , IBM , ISLN , VMW  

EMC(EMC Quote) CEO Joe Tucci spent time playing semi-pro baseball as a young man and is clearly willing to play hardball in his dogged pursuit of Data Domain(DDUP Quote).

The Hopkinton, Mass.-based firm's battle with archrival NetApp(NTAP Quote) to buy Data Domain has become a bidding war.

As widely expected, Tucci and EMC upped the ante Monday, increasing their all-cash bid from $30 to $33.50 a share. If approved, the deal would be worth $2.1 billion to Data Domain shareholders, significantly more than previous offers from both EMC and NetApp. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,460.39 1,107.49 2,196.60 35.61
Oil *
71.66
UP
54.56
UP
5.14
UP
5.74
UP
0.79
10 Yr
3.56%
SPDR Gold
109.45
+0.52%
+0.47%
+0.26%
+2.27%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services