May 19, 2013

fiscal quarter - News


HP Buys Palm for $1.2 Billion

hp-palm

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. Palm’s chairman and CEO, Jon Rubinstein, a former Apple [...]