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HP Buys Palm For 1.2 Billion, See Video


Hp has Just Announced that it's acquaring Palm to the tune for 1.2B, but the Bing Video says something esle. Hp Buys Palm for 1.8 Billion and here is the Video see it.
HP has just announced that it's acquiring Palm to the tune of $1.2 billion, which works out to $5.70 per share of Palm common stock. The deal is planned to close by July 31, which marks the end of HP's third fiscal quarter of the year. Current Palm CEO Jon Rubinstein is "expected to remain with the company," though it's not said in what capacity. Press release after the break. There'll be a call to discuss the acquisition in more detail (well, we hope in more detail) at 5PM ET, so we'll keep you abreast as we learn more. Hp Buys Palm Engadget

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