Analysts Comment on Xyratex Acquisition Bids, Shares Continue to Gain
December 24, 2013 at 10:28 AM EST
Brean Capital analyst Ananda Baruah noted that there is room for higher rival bids for Xyratex Ltd. (NASDAQ: XRTX ) within a $14.00 to $18.00 range. On Tuesday, Seagate Technology (NASDAQ: STX ) offered to buy Xyratex for $13.25 per share. Baruah reported that there is less than a
