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Lenovo to Pay Less for IBM Servers With Closing This Week

Lenovo to Pay Less for IBM Servers With Closing This Week

The final price will be $2.1 billion, down from the $2.3 billion originally announced in January, to reflect lower-than-projected inventories at the time of the Oct. 1 closing, Brion Tingler, a spokesman for Lenovo, said by phone today. The transaction wasn’t restructured, he said. Read the source article at Bloomberg