Author Topic: HP to buy Compaq for $25 Billion  (Read 561 times)

Offline Dexter

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HP to buy Compaq for $25 Billion
« on: September 04, 2001, 09:20:40 AM »
Just about everyone has already heard but for those that haven\'t...

The big news is that Hewlett-Packard is going to buy Compaq for $25 Billon in stock.  They claim the merger will save an estimated $2.5 Billion a year. Of course the merger won\'t be without it\'s downside as an expected 15,000 jobs will be cut.

Read the full story of HP buying Compaq at CNN.
Dexter, Advanced-Basic.Com

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