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HP reportedly has no plans to break company apart

Corey

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Corey Apprentice

Corey

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HP Breakup Rumor
A report issued by Quartz after the market closed on Tuesday suggested Hewlett-Packard's (HPQ) board was actively discussing the possibility of breaking the company apart. The site claimed a breakup was one of several options the board was discussing in order to ensure maximum return for shareholders. According to a follow-up from AllThingsD, which has sources at HP who have regularly been proven accurate in the past, no such discussions are taking place. "No, HP’s board of directors is not actively studying a plan to break the company up," wrote AllThingsD's Arik Hesseldahl. This jibes with HP CEO Meg Whitman's comments from this past summer — when asked by the reporter if HP might eventually break apart, Whitman replied, "No. As I see it, everything stays. Each of the pieces fit together."6rofPdLHImw

 

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