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IBM Reportedly Selling PC Business

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IBM Reportedly Selling PC Business
Topic: Business 1:15 pm EST, Dec  3, 2004

] NEW YORK (AP) -- International Business Machines Corp.
] has reportedly put its personal computer business for
] sale in a deal that could fetch as much as $2 billion and
] close an era for an industry pioneer that long ago
] shifted its focus to more lucrative segments of the
] computer business. Its stock rose nearly 2 percent in
] midday trading in the wake of the report.
]
] The New York Times reported Friday that IBM is in serious
] discussions with the Lenovo Group, China's biggest maker
] of personal computers, and at least one other
] unidentified prospective buyer for the unit.

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IBM Reportedly Selling PC Business



 
 
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