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Technology Stocks : Autonomy Corporation plc (AUTNF.PK) -- Ignore unavailable to you. Want to Upgrade?


To: Glenn Petersen who wrote (37)8/18/2011 4:13:15 PM
From: Savant  Respond to of 49
 
I hear you on the sell the news...this market is beyond volatile, and the arbitrageurs are vicious.

I have been expecting AUTNF to break out one of these days, but was NOT hoping for a buyout.

I hate the inside bs that knew about the deal ahead of time.

Thanks for the bloomberg bit, I don't get that, unfortunately.

Best,
S.

PS fwiw, rolled some of it into QCOR 27.70 plus and minus

marketwatch.com
By Wallace Witkowski 60%40%20%0%-20%10a11a12p1p2p3pUK:AU AUTNY HPQ SAN FRANCISCO (MarketWatch) -- Autonomy Corp. /AUTNY +46.36% said Thursday it is in talks with Hewlett-Packard Co. /quotes/zigman/229301/quotes/nls/hpq HPQ -6.75% over a possible buyout offer. Earlier in the session, shares of H-P jumped as high as 6% and have recently swung to a 4.4% loss following reports the computer maker was spinning off its PC business and offering $10 billion for Autonomy. The U.K.-based software company said it will make a further announcement on the offer "when appropriate." Prior to reports, shares of Autonomy closed



To: Glenn Petersen who wrote (37)8/19/2011 11:11:59 AM
From: Savant  Read Replies (1) | Respond to of 49
 
Now it's $11.7 billion, getting closer to $12.6... first offer is a nice round $7Bln pounds.

A lot of greasy fingers in the pie...

Barclays Capital and Perella Weinberg are advising HP, while Qatalyst Partners, Goldman Sachs, Citigroup, Merrill Lynch, UBS and JPMorgan Chase are advising Autonomy

Autonomy/HP deal spotlights data analysis
LONDON (Reuters) - Hopes Hewlett-Packard's $11.7 billion (7.0 billion pounds) bid for Autonomy will be the first of many in the European software industry could be misplaced because Autonomy has an appeal that others cannot match.
reuters.com