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Seagate stock price slips into Presidents Day break as $600 million note swap nears (STX)
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Seagate stock price slips into Presidents Day break as $600 million note swap nears (STX)
Seagate shares fell 1.2% to $425.99 Friday, trailing storage peers after hitting a 52-week high Thursday. The company plans to exchange $600 million in 2028 notes for $599.2 million cash plus shares, with the deal expected to close Feb. 17, pending final terms. U.S. markets are closed Monday for Presidents Day, delaying trading until Tuesday. Seagate warned the note exchange is not guaranteed. The post Seagate stock price slips into Presidents D…
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