First a corporate spying scandal, then the abrupt departure of a CEO, followed by the dismissal of his chosen successor, and now an $8.8 billion write-down as a result of an another acquisition gone awry. For Hewlett-Packard, the bad news just keeps coming.
The Palo Altobased computer and information technology giant announced Tuesday that it has asked regulators in both the United States and the United Kingdom to probe alleged financial improprieties involving British software company Autonomy, which HP acquired for $11.1 billion last year, according to sibling publication Law Technology News.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
