The author, Theo Valich is a Croation amateur blogger and wrote: "However, according to our sources close to the company, the negotiations between investors such as TPG Capital and the senior management at Seagate Technology broke down and the supposed privatization of Seagate went down the drain." http://www.brightsideofnews.com/news/2010/10/28/seagate-is-not-going-private-sandforce-remains-safe.aspx Mr. Valich is NOT a source in any way, shape, or form close to the parties involved in the negotiations to take Seagate private. I repeat: Mr. Valich is NOT a source in any way, shape, or form close to the parties involved in the negotiations to take Seagate private. WARNING: DO NOT TAKE THIS RUMOR AT FACE VALUE! More on Brightside.com: About Us BSN* is owned and operated by Bright Side Network Incorporated. BSN* is a on-line publication offering analysis, interviews, news, reviews and rumors from the world of semiconductor industry and covered markets.
The National Inquirer is more credible than this website.