M & A wrap: What’s up with HP?
Shares of Hewlett-Packard slid on Friday, a day after the world’s biggest PC maker said it may spin off the business, signaling a massive overhaul in the wake of bleak tech spending across the board.
HP’s personal computer business may be too big for Asia’s technology companies to swallow whole, but potential suitors are out there should HP decide to break the group into parts, industry sources said.
HP plans to reinvent the company with a return to its roots, reports Bloomberg.
Unpicking the Autonomy acquisition reveals some interesting nuggets that better explain HP’s decision to acquire, reports ZDNet.
Moving beyond HP news, buyout shops are getting mauled by the market, reports the WSJ.
For your morning distraction here’s Christopher W. Ullman, the global head of communications for the Carlyle Group, whistling.