Acer is buying Gateway

http://www.ft.com/cms/s/0/0de31fba-...uid=e8477cc4-c820-11db-b0dc-000b5df10621.html

"Taiwan’s Acer said on Monday it will buy Gateway for $710m, creating the world’s No.3 PC maker, as Acer doubles its presence in Gateway’s lucrative but highly competitive home market.

Acer said it would pay $1.90 per Gateway share, representing a premium of 57 per cent over Gateway’s last closing price.

Acer said the merger would create a company with more than $15bn in sales and 20mn PCs shipped per year, adding it would keep the Gateway brand in the US."
 
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