H-P’S ACQUISITION OF 3COM APPROVED BY CHINA’S MINISTRY OF COMMERCE
It is reported that 3Com Corp. and Hewlett-Packard Co. has received approval from China’s Ministry of Commerce for H-P’s acquisition of Marlboro-based 3Com. H-P, based in Palo Alto, Calif., agreed in November to pay $3 billion for computer networking and switching-gear maker 3Com Corp., with an aim to expand its product portfolio, increase sales in …
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