Hewlett-Packard to Acquire Compaq in $25 Billion Deal
September 4, 2001
This post is filed under: New Economy.
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Hewlett-Packard (news/quote) will announce today that it is acquiring Compaq Computer (news/quote) for $25 billion in stock in a bold move to grow as the computer business struggles with shrinking sales, executives close to the negotiations said last night.