Price tag–a cash tender offer for $52.00 per share, or approximately $4.5 billion.
From the press release:
“Today, we are combining two market-leading businesses to create the most powerful management software portfolio in the industry,” said Mark Hurd, HP chief executive officer and president. ”Together, they will help customers cut their IT costs, speed the delivery of new services and drive profitable growth at HP. We expect this important acquisition to deliver significant value for our shareholders.”
Maybe more jobs, when HP figures out they don't have a clue about what Mercury does. The truth behind the acquisition is HP's top executives want the intellectual Knowledge behind how they can sell their stocks and still get the best price of the year for them.
HP has never been too bright, they invented the Schotky Diode and then decided it was useless. But a few of their engineers took it and started Intel with it. Duh! Remember those HP desktops? What a boat anchor they were.
Time will tell i guess.
Success is the ability to go from one failure to another with no loss of enthusiasm.
~ Winston Churchill ~
Maybe they'll wax my region's sales rep; I would consider that a step in the right direction [img]images/icons/smile.gif[/img] .
Words <almost> fail me when I try to describe him - "Ignorant Piranha" comes closest...