Advertisement

Archive Extends Tender Offer: Archive Corp., a...

Share via
From Times Staff and Wire Reports

Archive Extends Tender Offer: Archive Corp., a manufacturer of computer storage products based in Costa Mesa, extended its cash tender offer for all outstanding shares of common stock of Cipher Data Products Inc. until March 29. The tender offer was previously scheduled to expire on March 14. Cipher a longtime rival of Archive based in San Diego, agreed to be acquired Monday after Archive increased its offer from $7.50 to $8.25 per share.

Advertisement