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Department of Justice opens investigation of the HP and Autonomy acquisition
Friday, December 28, 2012 2:20
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HP acquired Autonomy for $11.1 billion, only to take an $8.8 billion writedown due to alleged fraud on Autonomy’s part. HP states that Autonomy is guilty of “serious accounting improprieties,” and that it fraudulently inflated its apparent worth to make HP bid accordingly. Now the U.S. Department of Justice has gotten involved, opening an investigation Read The Full Story
source: http://feeds.slashgear.com/~r/slashgear/~3/7xQ1Od-r-nk/
2012-12-28 01:33:28
Source: http://someit.com/2012/12/27/department-of-justice-opens-in/
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