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News Focus
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3xBuBu

05/24/16 8:51 PM

#72478 RE: 3xBuBu #72477

Hewlett Packard Enterprise Plans Spinoff That Will Merge With Computer Sciences Corp.

Hewlett Packard Enterprise on Tuesday said it would spin off its enterprise-services business and merge it with Computer Sciences Corp., creating an information-technology services company with $26 billion in annual revenue.

Hewlett Packard Enterprise said the move "is the logical next step in the turnaround" of its enterprise-services business and will allow the remaining company to focus on its server and other data-center gear businesses.

Following the transaction, Hewlett Packard Enterprise shareholders will own 50% of the new company.

http://www.wsj.com/articles/hp-enterprise-to-spin-off-merge-services-business-1464121433


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**D*A**

05/24/16 9:18 PM

#72479 RE: 3xBuBu #72477

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3xBuBu

05/25/16 12:32 AM

#72480 RE: 3xBuBu #72477

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3xBuBu

05/28/16 10:35 PM

#72502 RE: 3xBuBu #72477

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3xBuBu

05/09/17 11:10 PM

#72639 RE: 3xBuBu #72477

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