HP Issues Statement on Dell's Leveraged Buyout Plan

Tue Feb 5, 2013 11:18am EST

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  PALO ALTO, CA, Feb 05 (Marketwire) -- 
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 existing customers and innovation at the curb. We believe Dell's
customers will now be eager to explore alternatives, and HP plans to take
full advantage of that opportunity."

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with the Securities and Exchange Commission, including HP's Annual Report
on Form 10-K for the fiscal year ended October 31, 2012. HP assumes no
obligation and does not intend to update these forward-looking statements.

    Copyright 2013 Hewlett-Packard Development Company, L.P. The information
contained herein is subject to change without notice. The only warranties
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Editorial contact

Michael Thacker 
HP
+1 650 857 2254
corpmediarelations@hp.com

www.hp.com/go/newsroom 

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