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Morningstar Analyst Says Samsung-Seagate Buyout Rumor 'Seems A Bit Odd'
Thursday, January 22, 2015 - 1:44pm | 101Speaking to Benzinga, Morningstar analyst Simran Kaur said that a rumored $72 tender offer for Seagate Technology PLC (NASDAQ: STX) from Samsung “seems a bit odd.” Kaur explained that Samsung sold its hard drive business to Seagate just a few years ago. She added that Samsung and...