TERM SHEET Private Equity Acquisition of Seagate Technology This term sheet is intended to describe the general terms and conditions of a proposed acquisition of part of Seagate Technology. Parties | Silver Lake Partners and Seagate Technology | Transaction | Silver Lake will purchase (the “Transaction”) the disk drive business of Seagate Technology and $765 million cash | Transaction Price & Method of Transaction | The purchase price to be paid by Silver Lake to the Existing Shareholders
Premium Contract Economics Transaction cost
Seagate Technology Buyout 1. We can examine the stock prices of Seagate and Veritas on Exhibits 3 and 5. Exhibit 3 shows us that Seagate had a stock price of 64.25$/share on March 10th 2000. Veritas stock price is disclosed on Exhibit 5 with 168.69$/share at that date‚ which is an increase in value of more than 200% within the last six months (Exchibit4). Moreover‚ we can assert that the pre-tax value of Veritas stake‚ which is held by Seagate‚ has notably exceeded Seagate’s market capitalization
Premium Stock market Stock
Seagate Case Study Effective Global Strategic Resourcing Analysis The key to a successful supply chain and its integration with customers and supplies lies in its ability to communicate wants‚ needs‚ and realities. Seagate has taken communication to its highest level by creating visibility at every level of its supply chain. This visibility is the Holy Grail for Seagate because it is a form of communication that breeds trust and transparency throughout every level of its supply chain.
Premium Supply chain management European Union Foreign Corrupt Practices Act
Seagate Technologies operates in a highly competitive‚ price-sensitive‚ and growing industry for disk drives. Competitors include a number of direct‚ indirect‚ foreign‚ and domestic competitors including‚ but not limited to Quantum‚ Western Digital‚ IBM‚ Toshiba‚ and NEC. To compete‚ Seagate’s maintains low prices and introduces new cost-effective products that are equal to or better than the competition. To support such a strategy‚ Seagate invests heavily in R&D‚ maintains strong supplier
Premium Investment
External There are three major external environmental influences that have had a major impact on business over the past three to five years. Data collected from six environments‚ including demographics‚ technology‚ soci-cultural‚ economic‚ political-legal‚ and global identify these three “big deltas”. The information gathered illustrates that the three big deltas are increasing interconnectivity‚ the changing face of America‚ and changing dominant world power. Unless indicated‚ all data points have
Premium Financial ratios Financial ratio
Seagate Technology* A case (with teaching note) on the role of senior business leaders in driving work/life cultural change. Phyllis Siegel‚ Rutgers the State University of New Jersey The Wharton Work/Life Roundtable A Division of the Wharton Work/Life Integration Project University of Pennsylvania * This research was funded in part by a Sloan Foundation Grant #B1999-76. A note of special gratitude goes to: Alice Campbell‚ Scott Cooper‚ Debbie Hufnagel‚ and Ellen Ernst Kossek for
Premium Hard disk drive Functional group Management
Seagate Technology Profile: Real-Time Response to Demand John A McClain Capella University MBA 6127 Effective Global Strategic Resourcing Abstract Seagate Technology‚ is one of the world’s largest manufacturers of computer disk drives and related data storage devices‚ open its information super highway up to achieve a holistic global supply chain. By giving access to their operating system to both suppliers and customers‚ the company was able to reduce inventory and lead times to corner
Premium Supply chain Supply chain management Foreign Corrupt Practices Act
Bidding for Hertz: Leveraged Buyout Case The dual-track process used by Ford to initiate “consideration of strategic alternatives” makes the bidding process for Hertz more difficult. The bidding group has to spend more time to gather more information required for the process. To be able to give out an acceptable price‚ which maximizes the value for Ford‚ the cost the group has to put to buyout is also higher. Longer time to collect the information means the group lose its competitive advantages
Premium The Return Leveraged buyout Investment
states that it is “about identifying and overcoming barriers and excelling as an individual and team member. Be ready to learn through activities and speakers about achievement and excellence. Be prepared to experience our corporate values and Seagate competencies in new and unexpected settings and get ready to see how our objectives can be reached by challenging ourselves‚ adapting to new circumstances and contributing to an aligned focused team.” (Larson‚ 2008) EcoSeagate employs four types
Premium Goal
(Table of Contents) 1. 2. 3.LBO 4.TXU 5. LBO 6. (Overview of Leveraged Buyouts) (Mechanics of an LBO Analysis) (LBO Best Practices) (TXU Case Study) (LBO Modeling) (Homework Assignment) (Appendix) 1. Overview of Leveraged Buyouts (LBO) Overview of Leveraged Buyouts An LBO is the acquisition of a company or division of a company using debt for a majority of the purchase price and equity for the remainder. The buyer (the LBO Sponsor or Equity Sponsor) borrows the debt portion of
Premium Debt Leveraged buyout