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sdfsdfsdf Updated: 12:09 p.m. ET Jan. 30, 2004NEW YORK - Personal computer maker Gateway Inc., which has suffered three years of losses due to aggressive pricing by rivals Dell and Hewlett-Packard, on Friday said it would buy profitable competitor eMachines Inc. for $235 million, sending its shares up more than 10 percent. advertisement The deal would allow Gateway, which sells PCs in cartons with cow-like markings through its own stores and the Internet, to sell PCs at retailers such as Best Buy Co. under the eMachines brand, competing on the shelves against No. 1 PC maker HP . Poway, California-based Gateway, which reported the latest in a string of sales declines on Thursday, said it would buy privately held eMachines for 50 million Gateway shares plus $30 million cash.
Approximate Word count = 408
Approximate Pages = 1.6
(250 words per page double spaced)
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