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Mercury – rising or falling?
News came over the wires last night of HP’s agreement to acquire Mercury (Interactive Corp) – in a transaction worth roughly $4.5 billion, which equates to HP paying a 33% premium on Mercury’s current stock price. HP’s CEO, Mark Hurd, has obviously been bullish about the acquisition’s potential to create an IT management vendor powerhouse. [...]
Posted on Wednesday, July 26, 2006 by admin
