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Lenovo buys another slice of IBM for $2.3 billion

Posted: 24 Jan 2014     Print Version  Bookmark and Share

Keywords:x86  server hardware  acquisition 

[Summary of tips] Hong Kong-listed Lenovo issued a surprise suspension notice at 9:00am yesterday to temporarily stop trading. This was followed by the company's announcement of a $2.3 billion acquisition of IBM's x86 server hardware and related maintenance services. About $2 billion of the overall price will be paid in cash, and the balance in ......
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