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Seagate, the data storage company, has announced its intent to acquire Intevac, a hard drive equipment producer, in an all-cash deal worth $119 million. Seagate said on Thursday that it’ll pay $4 per share in a tender offer for Intevac, which is publicly traded. Seagate will initially purchase a minimum of “at least one share…
A stunning merger between the PGA Tour and Saudi Arabia-backed LIV Golf is making waves across Washington, D.C., drawing the ire of lawmakers and generating discussions of probes. The deal follows more than a year of antitrust litigation between the two leagues after LIV Golf hooked some of golf’s top talent with mega contracts. The PGA responded…