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Prospect News home > News index > List of issuers A > Headlines for Adaptec, Inc. > News item
Published on 3/9/2007 in the Prospect News Special Situations Daily.

Steel Partners buys 10.7% stake in Adaptec

By Lisa Kerner

Charlotte, N.C., March 9 - Steel Partners II, LP purchased 12,717,587 shares, or 10.7%, of Adaptec Inc. common stock for $46,833,650, according to a schedule 13D filing with the Securities and Exchange Commission.

Adaptec is a data storage company based in Milpitas, Calif.


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