OtherOctober 6 at 12:22 AM

Seagate (STX) and Toshiba are reportedly competing to acquire TDK’s (6762 JT) HDD magnetic heads business, for as much as several billion dollars, Bloomberg reports

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The breaking-news headline attributes to Bloomberg a report of Seagate and Toshiba competing for TDK’s HDD magnetic heads business, at a possible price of as much as several billion dollars.

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STXSeagate Technology Holdings PLC Ordinary Shares (Ireland)$867.93Current price

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Seagate (STX) and Toshiba are reportedly competing to acquire TDK’s (6762 JT) HDD magnetic heads business, for as much as several billion dollars, Bloomberg reports

What do investors think?

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Seagate (STX) and Toshiba are reportedly competing to acquire TDK’s (6762 JT) HDD magnetic heads business, for as much as several billion dollars, Bloomberg reports

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What do investors think?

Today's market highlights

Iranian Interior Minister Momeni says talks in Doha addressed Qatar and Pakistan’s mediation efforts, with proposals discussed aimed at reducing regional tensions and averting further war, IRNA reports

[MARKET UPDATE] Pressure seen in the crude complex in recent trade, but without a clear driver; a move which has spurred some strength across equity futures and fixed income