10.281.2007 - Gateway Announces Plans to Acquire Packard Bell B.V.

IRVINE, Calif.--(BUSINESS WIRE)--Gateway, Inc. (NYSE:GTW) today announced that it has delivered a binding offer to acquire all of the shares of PB Holding Company S.à.r.l. from Lap Shun (John) Hui and Clifford Holdings Limited, an entity controlled by Hui. Hui currently owns a 75 percent interest in PB Holding, the parent company of Packard Bell B.V., a leading European PC vendor based in Paris. - View Press Release - Visit Gateway, Inc.