Hewlett-Packard Agrees to Buy Palm. 1hr ago

Hewlett-Packard has agreed to acquire Palm for $1.4 billion in cash, uniting two companies that have failed to make much recent headway in the smartphone business.

H.P. announced its all-cash purchase of Palm just after the financial markets closed on Tuesday, saying it would pay $5.70 a share.

NY Times

  1. why don’t they just leave apple do it’s thing and invest that money in apple’s stock instead?

    That would’ve been wiser.

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