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HP to Acquire 3Com for $2.7 Billion (Business Wire)

PALO ALTO, Calif. MARLBOROUGH, Mass.—-HP and 3Com Corporation today announced that they have entered into a definitive agreement under which HP will purchase 3Com, a leading provider of networking switching, routing and security solutions, at a price of $7.90 per share in cash or an enterprise value of approximately $2.7 billion.

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