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NetApp (NTAP +4.2%) has gradually moved higher after Reuters reported Cisco (CSCO) has discussed...

NetApp (NTAP +4.2%) has gradually moved higher after Reuters reported Cisco (CSCO) has discussed buying a storage rival to current JV partner EMC. Interestingly, EMC (EMC +2.5%), is also catching a bid today. NetApp's low valuation and enterprise storage clout have often made it the subject of M&A speculation, but the company's $12.8B market cap and likely demand for a decent premium would make it tough even for Cisco to digest the company.
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  • djdjdjdj
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    junior investor
    7 Dec 2012, 01:45 PM Reply Like
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