HP offers $25 billion for Compaq
Submitted By: Webmaster
Date: Tuesday, September 04, 2001
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Hewlett-Packard will acquire Compaq Computer in a stock swap worth about $25 billion, the companies announced late Monday.
The deal, one of the largest in technology history, would merge two of the biggest names in computers, printers and computer servers, and would have total revenue only slightly less than that of IBM, the largest computer company.
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