Posted Nov. 20, 2012 at 8:54 a.m.

Premium Lock HP takes $8.8B charge, says firm it bought lied about finances

Published: 2012-11-20 08:54:00
Updated: 2012-11-20 08:54:00

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HP says a British company it bought for $10 billion last year lied about its finances, resulting in a massive write-down of the value of the business.

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