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McDATA Corp. Cl A
Ticker Symbol: MCDTA* CUSIP: 580031201 Exchange: NNM
* NOTE: This security is no longer trading as of 1/29/07
Company's Online Profile
BUSINESS: A leading provider of high performance enterprise switches and related software for connecting servers and storage systems in a storage area network (SAN) sold through OEM's, resellers, and system integrators.
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Notes: SAN JOSE, Calif. — January 29, 2007, Brocade (Nasdaq: BRCD), the leader in networked storage solutions that help enterprises connect and manage their information, today announced that it has completed the acquisition of McDATA Corporation (Nasdaq: MCDTA/MCDT). The transaction closed on Monday, January 29, 2007. As a result of the acquisition, shares of McDATA class A and B common stock were converted into the right to receive .75 shares of Brocade common stock and are no longer being traded. Based on Brocade’s closing stock price on January 26, 2007, the transaction is valued at approximately $973 million. In conjunction with the closing of the acquisition, Brocade detailed an integrated product line and roadmap, launched a new company branding initiative and announced an additional $200 million stock repurchase authorization.
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IPO - 1/1/1900
Large Cap Stock -
Market Value $ 1.3 Billion
Yahoo News Summary for MCDTA*
YAHOO! Profile for MCDTA*
Yahoo Detailed Quote
MarketWatch Quote
MSN Company Report for MCDTA*
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: 380 Interlocken Parkway, Broomfield, CO 80021 |
| Main Phone Number |
303-460-9200 |
| Fax Number |
720-566-3860 |
| Investor Relations
Linda Dellett
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303-460-4474
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| Toll Free Phone Number |
866-623-2821 |
| CEO - John F. McDonnell |
CFO - Janet K. Cooper |
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