HP said Autonomy Corporation PLC, a British company it bought for $10 billion in 2011, lied about its finances, resulting in a massive write-down of the value of the business. HP’s net loss for the fiscal fourth quarter, which ended Oct. 31, 2012, amounted to $6.85 billion, or $3.49 per share. (Paul Sakuma / Associated Press)
Read the article: Hewlett-Packard: Company we bought lied about finances
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