HP may raise cash offer in PwC deal

Since the two parties have been in talks, HP’s share price has dropped from $120 to as low as $85 on the New York Stock Exchange last week.

A report in this morning’s Financial Times suggested that the fall may mean the cash component of the deal – originally planned to make up half of the multibillion dollar cash and stock offer – would have to be raised to maintain the headline size of the transaction.

HP and PwC representatives in the US were unavailable for comment.


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