Hewlett-Packard 'buys Compaq Computer'

Hewlett-Packard is reported to be buying Compaq Computer for $25bn in stock.

Hewlett-Packard 'buys Compaq Computer'

Hewlett-Packard is reported to be buying Compaq Computer for $25bn in stock.

Reports said that the £17bn deal is meant to bolster two companies that have been saddled with sagging profits and massive job cuts.

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