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Acer says Gateway accepts its offer

September 07, 2007|From Times Wire Services

Acer Inc. said Gateway Inc.'s board accepted its acquisition offer.

Gateway's directors unanimously agreed on the offer, Taipei-based Acer said. Acer, which offered to buy the Irvine-based computer maker for about $710 million, said it signed a definitive agreement Aug. 27.

Separately, Gateway said it agreed to sell its corporate business unit to MPC Corp. for about $90 million.

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