HP Issues Statement on Dell-s Leveraged Buyout Plan

HP Issues Statement on Dell-s Leveraged Buyout Plan

PALO ALTO, CA — (Marketwire) — 02/05/13 — HP (NYSE: HPQ) today issued the following statement related to Dell-s announcement to enter into an agreement to be acquired by Michael Dell and Silver Lake:"Dell has a very tough road ahead. The company faces an extended period of uncertainty and transition that will not be good for its customers. And with a significant debt load, Dell-s ability to invest in new products and services will be extremely limited. Leveraged buyouts tend to leave ex