Sign in / up

back to article Lenovo shares in trading halt ahead of 'disclosable transaction'

Lenovo has halted trade in its shares, "pending the release of an announcement in respect of a discloseable transaction which constitutes an inside information of the Company." That quote comes from this statement (PDF), the second such document emitted by Lenovo in recent days. The previous statement (PDF) said "the Company …

COMMENTS

House rules Send corrections
This topic is closed for new posts.
  1. Allison Park

    Lenovo is buying HP?

    Makes you wonder what Larry things about all of this rumor-mongering.

    0 1
  2. Mikel

    The server business

    Big Blue is really smart about such things. If they really do offload their server business it doesn't bode well for other server vendors. Remember they were quick to offload their PC biz in the run up to Vista, and making a PC hasn't been very profitable since.

    1 1
    1. croc
      Reply Icon

      Re: The server business

      "Big Blue is really smart about such things. If they really do offload their server business it doesn't bode well for other server vendors. Remember they were quick to offload their PC biz in the run up to Vista, and making a PC hasn't been very profitable since."

      Wasn't aware that Windows Vista was around in 1987...

      0 0
      1. Philippe
        Reply Icon

        Re: The server business

        Big Blue sold their PC business in 2002. What have you been smoking?

        0 0

  3. This post has been deleted by its author

  4. Anonymous Coward
    Anonymous Coward

    Tis announced - http://www-03.ibm.com/press/uk/en/pressrelease/43018.wss

    3 0
  5. Anonymous Coward
    Anonymous Coward

    I suppose the advantage of continually selling bits of your business off to the same company is that should you change your mind you can always revert to the your oldest strategy and buy the company.

    0 0
  6. Allison Park

    Lenovo bought more of IBM

    It sounds like a good strategy to sell to the same company as the pc biz and since Lenovo is full of ex-ibmers but with very deep pockets it should give the system x a huge jolt of R&D dollars. For those of us who think they would rather buy from a US company....i think 85% of intel servers are made in China, so it's not a US vs China thing

    0 0
This topic is closed for new posts.

Other stories you might like