Hewlett-Packard to Acquire Compaq in $25 Billion Deal

NY Times reports that Hewlett-Packard will announce that it is acquiring Compaq Computer for $25 billion USD in stock in a bold move to grow as the computer business struggles with shrinking sales, executives close to the negotiations said last night. If completed, this will be one of the bigest merges/buyouts in the computing business history.

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