NetApp Near Record-Low Value Seen Attracting Suitors

By Jean-Jacques Maleval, Tue, June 5th, 2012

Real M&A

To read this article from Bloomberg Businessweek, click on:
NetApp Near Record-Low Value Seen Attracting Suitors
NetApp Inc., viewed as a takeover target for almost a decade, is becoming increasingly attractive for potential acquirers as the data storage company nears its cheapest valuation on record. With a market capitalization as high as $21.9 billion last year, NetApp has lost 51% of its value as sales disappointed and it gained less market share than larger rival EMC Corp.

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