SILICON GRAPHICS TO ACQUIRE CRAY IN $740 MILLION DEAL ... News of the merger bolstered Cray's stock price yesterday by $3.62 1/2, to close at $28.87 1/2. Silicon Graphics investors were less upbeat, pushing that stock down $2.12 1/2 to end the day at $25 SHAREHOLDER ALERT: WeissLaw LLP Investigates Cray Inc ... May 17, 2019 · Under the terms of the merger agreement, CRAY shareholders will receive $35 per share in cash. Notably, recent analyst target pricing has pegged Cray stock as a … What Does HPE’s Acquisition of Cray Mean for Quantum ...
One of Cray’s major value propositions is the ability of its products to do huge numbers of calculations and get the results in and out of storage and to users at a speed few others can accomplish. So Cray gives HPE access to exactly those end users, who will buy … Financial Update: Cray/SGI Merger Entails $27.5M Breakup Fee Financial Update: Cray/SGI Merger Entails $27.5M Breakup Fee. 1999, he has the option of purchasing 300,000 shares of Cray stock at $19.75 and 100,000 shares at $25.50. In addition, the restrictions on 200,000 shares of Cray stock awarded to Samper last year would be lifted if the merger were completed. SHAREHOLDER ALERT: WeissLaw LLP Investigates Cray Inc ...
Using a sample of 184 stock-for-stock mergers during 1980 to 1989, we find Why is this study of spinoff and merger ex-date returns interesting? First, in the case of spinoffs, Cray Research Inc. Cray Computer Corp. 891130 0.38 1.09 1 814. History of Cray Inc. Through a series of mergers, Engineering Research Associat es was brought under the control of Sperry Rand Corporation. While it was delivering its first sale, the company also made its first public offering of stock . As CEO and Chairman of Cray Research, he facilitated a merger with Silicon Graphics, an action that doubled the value of the Cray stock at the time of the U.S., Cross-Border and International Mergers and Acquisitions; Private Equity and in the all-stock merger of equals of its Aerospace businesses with Raytheon Packard Enterprise in its $1.3 billion acquisition of Cray; Anadarko Petroleum 6 Mar 2020 a tracking stock related to its ownership of VMware that landed Dell back on the The HPC machines are the Cray XC and CS lines as well as the and UV300 NUMAlink machines have been merged with the Superdome
May 17, 2019 · HPE will acquire Seattle’s Cray for $1.3 billion in merger of storied tech brands. by Tom Krazit on May 17, is a 17 percent premium over Thursday’s closing price of $29.81 for Cray’s stock. HPE to Acquire Supercomputing Leader Cray - Cray Additionally, Cray will file other relevant materials in connection with the proposed acquisition of Cray by HPE pursuant to the terms of an Agreement and Plan of Merger by and among, HPE, Cray Merger Sub, Inc., a wholly owned subsidiary of HPE, and Cray.
(a) Capital Stock of Merger Sub. Each share of capital stock of Merger Sub issued and outstanding immediately prior to the Effective Time shall be converted into and become one validly issued, fully paid and nonassessable share of common stock of the Surviving Corporation. SILICON GRAPHICS TO ACQUIRE CRAY IN $740 MILLION DEAL ... News of the merger bolstered Cray's stock price yesterday by $3.62 1/2, to close at $28.87 1/2. Silicon Graphics investors were less upbeat, pushing that stock down $2.12 1/2 to end the day at $25 SHAREHOLDER ALERT: WeissLaw LLP Investigates Cray Inc ... May 17, 2019 · Under the terms of the merger agreement, CRAY shareholders will receive $35 per share in cash. Notably, recent analyst target pricing has pegged Cray stock as a … What Does HPE’s Acquisition of Cray Mean for Quantum ... One of Cray’s major value propositions is the ability of its products to do huge numbers of calculations and get the results in and out of storage and to users at a speed few others can accomplish. So Cray gives HPE access to exactly those end users, who will buy …