[Reuters] HP ditches costly PC unit spin-off

Posted by: UGN Security

[Reuters] HP ditches costly PC unit spin-off - 10/27/11 04:48 PM

SAN FRANCISCO (Reuters) - Hewlett-Packard Co ditched a plan to spin off its personal computers unit, a month after the ouster of CEO Leo Apotheker whose idea would have cost billions of dollars in expenses and lost business.