Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

Monday, August 27, 2007

Acer and Gateway Agree on Buyout

Taiwan-based Acer announced that it has reached agreement to acquire Gateway for $710 million.  The acquisition will take the form of a cash tender offer for all shares at $1.90 per share.  The deal will make Acer the third largest computer manufacturer after Dell and Hewlett-Packard.  WSJ, Acer's Gateway Purchase Vaults It Ahead of Lenovo.

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