Seagate 2011 Annual Report Download - page 118
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Table of Contents
SEAGATE TECHNOLOGY PLC
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
18. Subsequent Events
On August 3, 2012, the Company acquired 64.5% of LaCie S.A., a manufacturer of consumer storage products. The Company paid
approximately $117 million in cash for the acquisition. The purchase agreement includes a contingent price supplement of 3% in the event that at
least 95% of the shares and voting rights of LaCie S.A. are acquired by the Company within 6 months following closing.
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