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Re: Adaptec not buying Symbios after all

daemon@ATHENA.MIT.EDU (Jeffrey B. Siegal)
Sat Jun 27 06:39:45 1998

Date: 	Sat, 27 Jun 1998 03:36:15 -0700
From: "Jeffrey B. Siegal" <jbs@quiotix.com>
To: h.milz@seneca.muc.de
CC: linux-scsi@vger.rutgers.edu

Harald Milz wrote:

> Matthew Jacob (mjacob@feral.com) wrote:
> > YAYYYYYYYYYYYYYYYY!
>
> Wait a minute. Adaptec is not known for giving in so quickly.

My guess is they got a case of "buyer's remorse" (i.e. they decided after
the fact that the negotiated price was too high).  The deal was probably
"subject to regulatory approval" and the feds objecting to it gave Adaptec
an excuse to back out.



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