*NEWS*HP:$14,000,000,000.00 IN CASH !

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*NEWS*HP:$14,000,000,000.00 IN CASH !

 user 2006-04-28 at 11:35:00 am Views: 63
  • #15180

    HP looks at acquisitions
    April
    2006 – San Jose (CA): Hewlett Packard’s CEO Mark Hurd has indicated
    that the computer giant will consider acquisitions to help it drive
    growth.
    Hurd told a conference in San Jose that the Palo Alto-based
    company has about $14 billion in cash and no debt, giving it leverage
    to make acquisitions. Hurd also denied recent speculation that HP is
    looking to sell its PC business arguing that the segment was important
    to help the company control costs when it buys other businesses
    .