Cipher Data Products Inc has agreed to recommend the improved $8.25 a share cash tender offer from its arch-rival Archive Corp and the two tape drive makers have definitive agreement. Barclays Bank Plc has agreed to finance the Archive bid.
Cipher Data Products Inc has agreed to recommend the improved $8.25 a share cash tender offer from its arch-rival Archive Corp and the two tape drive makers have definitive agreement. Barclays Bank Plc has agreed to finance the Archive bid.