| Topic Name: |
HP Buyout |
| Message Name: |
Expect the Unexpected |
| Date Posted: |
01/11/2006 |
| In Reply To: |
Forbes, WSJ and Market Watch have all run articles in the last 2 days saying that Hewlitt Packard and Blackstone Group have a bid into take over CSC. The WSJ says that even if this deal doesn't go through, CSC is "a sitting duck" for a buyout. I logged on expecting this board to be all abuzz. Is everyone working on thier resumes? |
| Message: |
The best way for CSC to defend itself against a takeover by H-P is of course to takeover another company...and thereby offload any spare capital, and take on long-term debt to make them unattractive to H-P. I am sure they are in the process of doing just this...the question is, which company?
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