IBM acquires PwC Consulting. Or what would’ve been Monday. For $3.5 bn. I heard somewhere that the stock price of acquiring companies typically fall after such announcements. IBM’s didn’t. Does that mean they got PwC at a low price? Given that HP once refused them at $18 bn, maybe…
IBM acquires PwC Consulting
I noted IBM's $3.5 billion acquisition of PwC Consulting, comparing it to HP's previous $18 billion offer. I observed that IBM's stock price stayed steady, suggesting they may have secured a bargain on the deal.