Saturday, October 01, 2011

Autonomy: When All Else Fails, Blame the Bankers - Arik Hesseldahl - News - AllThingsD

Still searching for a credible historical recap

Oh, snap! At least Lynch is learning the art of the snarky retort. So the slides were the work of eager bankers trying to get some a deal cooking. And the meeting was just a friendly call by Autonomy’s CEO on a customer? With an investment banker and another company’s head of M&A — two people who have collectively done more Silicon Valley deals than any other people in the world — joining in just for kicks? Okay then.

While this tit-for-tat seems like mildly entertaining tempest in a teapot, it’s a $12 billion teapot! One about which HP shareholders still seem to have a lot of questions, especially in light of the management change that has gone on there, since the deal was announced. Time, however, is short: HP is said to be about ready to close on the deal Monday.

Autonomy: When All Else Fails, Blame the Bankers - Arik Hesseldahl - News - AllThingsD

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