Hewlett-Packard Co. said Tuesday it will take an $8.8 billion write down related to its purchase of Autonomy PLC and alleged that Autonomy executives committed accounting fraud to inflate the company's value during the sale.
November 20, 2012 at 12:00 AM
1 minute read
Note: HP paid $11.1 billion for Autonomy. The $10.3 billion originally reported was HP’s initial offer.
Hewlett-Packard Co. said Tuesday it will take an $8.8 billion write down related to its purchase of Autonomy PLC and alleged that Autonomy executives committed accounting fraud to inflate the company’s value during the sale.
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