Cornerstone Research provided research that supported the $1.04 billion merger of Seagate Technology and Conner Peripherals.
Retained by Wilson Sonsini Goodrich & Rosati
Cornerstone Research provided research that supported the $1.04 billion merger of Seagate Technology and Conner Peripherals, the largest and fourth largest independent disk drive makers, respectively, at the time of the proposed merger. We calculated changes in concentration due to the merger and provided statistical analysis of the effect of the consolidation on disk drive prices. Our analysis demonstrated that the price effects of the consolidation would be negligible. The transaction was approved by the FTC.