H-P (HPQ +4.4%) jumps on a WSJ report the company has "received expressions of interest,"...
Wednesday, January 16, 2:54 PM ETH-P (HPQ +4.4%) jumps on a WSJ report the company has "received expressions of interest," primarily from "other U.S. tech companies or their representatives," for its struggling Autonomy and EDS units. However, Meg Whitman is said to be uninterested for now, and one source adds it's unclear if EDS, hit hard by H-P's layoffs, can be extracted from the company. Odds are any offer for Autonomy will be well below the $11B H-P paid for it last year, in light of recent events. CRN claimed in September H-P has held talks about selling EDS, but the company denied it.
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